Question

Which of the following agency serves as a connecting link between money market and co-operative movement ?

• A. Regional Rural Banks
• B. Land Development Banks
• C. State Co-operative Banks
• D. Co-operative Marketing Societies

Answer 1

Answer:

C. State Co-operative Banks

• First President of Kerala Bank - Gopi Kottamurikkal
• First CEO of Kerala Bank - P.S.Rajan
• The First members of the Kerala State cooperative Bank - Trivandrum District Co-operative Bank and the Government of Kerala

• KSCB is the connecting link between Indian money market and Co- operative movement in Kerala
• KSCB is the connecting link between NABARD and Co-operative credit institutions in the state for agriculture and rural development