What is Damodar Valley Corporation ?

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Q: (SSC/0)
What is Damodar Valley Corporation ?

question_subject: 

Geography

question_exam: 

SSC

stats: 

0,13,15,13,10,3,2

keywords: 

{'damodar valley corporation': [1, 0, 0, 0], 'damodar valley': [2, 0, 1, 0], 'bihar': [1, 0, 2, 2], 'municipal corporation': [1, 0, 1, 2], 'non government organisation': [1, 0, 0, 0], 'private enterprise': [1, 0, 0, 1], 'statutory body': [3, 0, 0, 3]}

The correct answer is option 1: Damodar Valley Corporation is a statutory body.

A statutory body is an organization established by an act of the legislature or parliament and has the authority to fulfill specific functions and responsibilities. Damodar Valley Corporation (DVC) is one such body, established by an act of the Indian Parliament in 1948.

DVC is responsible for the planning, development, and management of the Damodar River Basin. It is a multipurpose organization that operates in both the states of Jharkhand and West Bengal. DVC`s primary functions include the generation and supply of hydroelectric power, flood control and irrigation, and the promotion of regional development in the Damodar Valley region.

It is important to note that DVC is not a municipal corporation, private enterprise, or non-government organization as mentioned in the other options.