Question

NABARD provides ? % of fund to KSCARDB

• A. 75%
• B. 90 %
• C. 85%
• D. 95%

Answer 1

Answer:

B. 90 %

KSCARDB

DEFINITION:

• Sec 2(ra) of the KCS Act
• KSCARDB means the apex society having only PCARDB as its members and functioning in accordance with KSCARDB Act, 1984
• Headquarters - Thiruvananthapuram 
• Apex bank for long term credit structure in Kerala
• 'DEPRESSION BABIES' Land Mortgage Banks
• Debentures constitutes the main Source of income of KSCARDB.
• 14 regional offices  
• training centre  Ernakulam 
• NABARD provides 90% of fund to KSCARDB
• president :  Solomon Alex 
• KSCARDB prepare DAP (Development Action Plan)