2012 · EconomyPrevious Year Question
Q80.
The basic aim of Lead Bank Scheme is that
A. Big banks should try to open offices in each district.
B. There should be stiff competition among the various nationalised banks.
C. Individual banks should adopt particular districts for intensive development.
D. All the banks should make intensive efforts to mobilise deposits.
Answer

C

Explanation

The Lead Bank Scheme (introduced by RBI in 1969 based on the Gadgil Study Group report) assigns a specific bank as the 'lead bank' for each district. The lead bank takes responsibility for intensive development of banking and credit facilities in that district, conducting surveys, coordinating with government, and ensuring banking outreach. The idea is that individual banks should adopt particular districts for intensive development.