Lead Bank Scheme

6. How many villages are covered by each lead bank as per the scheme?

a) 100%

b) 90%

c) 80%

d) 70%

7. Which committee recommended the introduction of the Lead Bank Scheme?

a) Mahalanobis Committee

b) Gadgil Committee

c) Nayak Committee

d) Kelkar Committee

8. What was the initial role of the lead bank as per the scheme?

a) Setting up new branches

b) Providing microfinance loans

c) Conducting financial literacy programs

d) All of the above

9. How often are Lead Bank Scheme meetings held at the district level?

a) Monthly

b) Quarterly

c) Half-yearly

d) Yearly

10. Who is the convener of the Lead Bank Scheme meetings?

a) District Magistrate

b) Lead Bank’s Chairman

c) RBI’s Regional Director

d) NABARD’s Chairman