1
Question
With reference to Indian economy consider the following statements:
1. Service Area Approach programme was started in the late 90s.
2. Service Area Approach was devised to bring economic growth in the assigned specific semi-urban and rural areas.
Which of the statements given above is/are correct?
With reference to Indian economy consider the following statements:
1. Service Area Approach programme was started in the late 90s.
2. Service Area Approach was devised to bring economic growth in the assigned specific semi-urban and rural areas.
Which of the statements given above is/are correct?
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Solution
The correct option is B Only 2
Service Area Approach was introduced in 1989 and was basically an improved version of the area approach of the Lead Bank Scheme. Under this approach, each commercial bank was designated to serve 15-25 villages for planned and orderly development of the rural and semi-urban areas.
Service Area Approach was introduced in 1989 and was basically an improved version of the area approach of the Lead Bank Scheme. Under this approach, each commercial bank was designated to serve 15-25 villages for planned and orderly development of the rural and semi-urban areas.
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