He studied at the University College Trivandrum where he did his Masters in Economics,obtaining the 1st Rank in the University and in the State and was awarded 3 Gold Medals for meritorious achievements.
Born in Kottayam on 22 October 1915, Krishnamurthy was educated in Kottayam, University College Trivandrum, Presidency College, Madras and Hertford College, Oxford.
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