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UPSC 2012: 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 nationalized banks
(c)individual banks should adopt particular districts for intensive development
(d)all the banks should make intensive efforts to mobilize deposits
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Not attemptedCorrect Answer: (c) individual banks should adopt particular districts for intensive development
The Lead Bank Scheme (1969) assigns one commercial bank as the ‘lead’ for each district so that the bank can prepare a district credit plan and spearhead intensive development and financial inclusion there. Therefore option (c) – individual banks adopting particular districts for intensive development – states the basic aim. ([testbook.com](https://testbook.com/question-answer/ques--601d673963fb0df60f2caf56?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2012 Indian Economy question?▼
The correct answer is option (c): individual banks should adopt particular districts for intensive development. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Banking & Financial Sector question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2012, GS Paper 1, as Question 80. It falls under Indian Economy > Banking & Financial Sector.
What is the difficulty level of this UPSC question?▼
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
How many UPSC Prelims questions have been asked from Banking & Financial Sector?▼
UPSC has asked 48 questions from Banking & Financial Sector (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.