Question

What constitutes the main source of income of KSCARDB ?

• A. Member contributions
• B. Government grants
• C. Loan interests
• D. Debentures

Answer 1

Answer:

D. Debentures

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)