Question

RUBCO gets financial assistance from

• A. Reserve Bank of India and SIDBI
• B. World Bank and NABARD
• C. Ministry of Finance and ADB
• D. State Government and International Monetary Fund

Answer 1

Answer:

B. World Bank and NABARD

RUBCO (Kerala State Rubber Co-operatives Ltd):

• Registered : 9 June 1997
• Started functioning : 13th July 1997
• Headquarters : Kannur

Functions of RUBCO:

• Formed for the effective utilization of rubber resources in Kerala.
• Largest supplier of natural rubber and the biggest stockist of all grades of natural rubber in the country
• Manufacture of Ultra-light weight footwear collaboration with Malaysia - Rubco Rainbow
• RUBCO coir mattress division at Pambadi, Kottayam.
• Shoe Manufacturing Unit - Thalasseri, Kannur
• RUBCO HOUT - is the wood product
• RUBCO Rubwood furniture produced by RUBCO in Collaboration with Malaysian Company Long Huat.
• Financial assistance from World Bank and NABARD