Question

Ev Kumaran committee is related to ---.

• A. PACs
• B. SHGs
• C. DCB
• D. Microfinance Institutions

Answer 1

Answer:

C. DCB

DCB defined in sec 2 (ia):

• Means a central society, the principal object which is to raise funds to be lend to its members with jurisdiction over one revenue district, having as its members any PACS and UCB and includes nominal associate members. 

• DCB is a central society as per Section 2 (d) 

• 1st DCB in India - Ajmer ,Rajasthan 

• As per CSEB - Akhola, Maharashtra 

• 1st central cooperative Bank in the country - Jabalpur central cooperative bank (1912) 

• Chief Executive - General Manager

• Demand Collection Register (DCB) maintained District Cooperative bank 

• Ev Kumaran committee relates to DCB. 

• Chairman of Committee : To study the need for Combining DCB and SCB and adopt two tier system of credit structure 

• Non overdue cover imposed by NABARD To DCB.

• Scale of Finance 

• Rate of finance for crop loan per hectare.

• Fixed on the basis cultivation. 

• DCB's technical Committee fixed scale of finance.

• Representatives of Technical Committee DCB, PACs, cooperative.

• department officers, Panchayath agricultural representatives

• Fix the ratio of cash and kind portion, mode of payment lumpsum or instalment. 

• DCB issue KCC Kisan credit Card to Farmers.

• KCC implement by NABARD in RRB, DCB, Cooperative banks (PCARDB, DCB, PACS) in 1998 

• Minimum Involvement Scheme imposed by NABARD to DCB - GP Bhave Committee : 1985 - 86