Here are some MCQs on Lead Bank Scheme
1. Which agency started the Lead Bank Scheme in India?
b) Ministry of Finance
c) Indian Banks’ Association
d) NABARD
Answer: a) Reserve Bank of India
2. When was the Lead Bank Scheme implemented?
a) 1965
b) 1970
c) 1980
d) 1990
Answer: b) 1970
3. The Lead Bank Scheme was introduced to achieve which objective?
b) Regulating interest rates
c) Increasing foreign investments
d) Reducing inflation
Answer: a) Financial inclusion
4. How many lead districts were identified when the scheme was first introduced?
a) 50
b) 60
c) 70
d) 80
Answer: c) 70
5. Who is responsible for implementing the Lead Bank Scheme in each district?
b) Private Banks
c) State Bank of India
d) Cooperative Banks
Answer: c) State Bank of India