1
Question
The Lead Bank Scheme was introduced in the year _____________.
The Lead Bank Scheme was introduced in the year _____________.
Open in App
Solution
The correct option is C 1969
Under the lead bank scheme administered by
RBI since 1969, a bank leads the consortium of all banks in the area.
The role of lead bank is to coordinate the
efforts of all banks in
the area for credit expansion to sectors which are important to economy.
Under the lead bank scheme administered by RBI since 1969, a bank leads the consortium of all banks in the area.
The role of lead bank is to coordinate the efforts of all banks in the area for credit expansion to sectors which are important to economy.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
