Question

The Chairman of KSCB who subsequently became the minister for co-operation

• A. Oommen Chandi
• B. EMS
• C. Sri Pinarayi Vijayan
• D. Karunaakaran

Answer 1

Answer:

C. Sri Pinarayi Vijayan

Total 21 Member Board of Directors of Kerala bank

• General - 10
• Women - 3
• SC / ST - 1
• Urban Bank - 1
• Independent Professional Directors - 2
• Ex-Officio Member - 4

1. 1. Secretary on Co-operation
   2. Registrar
   3. NABARD C.G.M
   4. Kerala Bank CEO

• Apart from the 21 members of the Kerala State Cooperative Bank, one member (such "invitee" shall not have any voting right), who shall be invited by the Director Board to represent the Non-credit societies for a period of one year on rotation basis, from among the Apex Co-operative Federations of the State.
• The chairman of KSCB who subsequently become the Minister on Co- operation - Sri. Pinarayi Vijayan
• The establishment of new Kerala Bank is the result of policy decision taken by the Govt of Kerala to convert three tier short term Co-operative credit structure within the state into two tier system
• It is under the control of RBI and NABARD
• Kerala Bank is the first state owned Bank in Co-operative sector