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Question
The Lead Bank Scheme was introduced in ______.
The Lead Bank Scheme was introduced in ______.
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Solution
The correct option is B 1969
A committee under the chairmanship of Prof. D R gadgil recommended an area approach which would help in bridging the structural credit gap between the rich and the poor. The area approach was directed towards having a targeted and focused banking. It would also help with employment and increasing the standard of living. Hence, the Lead Banking scheme states that each district could be allotted to a particular bank , which would play a role of lead bank.
A committee under the chairmanship of Prof. D R gadgil recommended an area approach which would help in bridging the structural credit gap between the rich and the poor. The area approach was directed towards having a targeted and focused banking. It would also help with employment and increasing the standard of living. Hence, the Lead Banking scheme states that each district could be allotted to a particular bank , which would play a role of lead bank.
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