Q82
In which year the Sabarmati Riverfront Development Corporation (SRDC) was set up?
A.
May 1996
B.
May 1997
AnswerC.
May 1998
D.
May 1999
Answer: Option B
Solution
Answer: Option B
Solution:
The Ahmedabad Municipal Corporation (AMC) set up the Sabarmati Riverfront Development Corporation Ltd (SRFDCL), a special purpose vehicle, in May 1997 funded by the Government of India with a seed capital of Rs. 1 crore for the riverfront development.