Lead Bank Scheme

26. The Lead Bank Scheme aims to increase credit flow to which sector of the economy?

a) Farming

b) Manufacturing

c) Tourism

d) Education

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27. What is the role of the lead bank in promoting financial literacy?

a) Conducting workshops and seminars

b) Distributing financial education material

c) Opening bank accounts for beneficiaries

d) Providing free financial advice

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28. How does the Lead Bank Scheme contribute to poverty alleviation?

a) By providing direct cash transfers to the poor

b) By offering skill development programs

c) By creating job opportunities in agriculture

d) By financing self-help groups

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29. What is the main objective of setting up a Lead Bank Committee (LBC) at the state level?

a) Monitoring the performance of lead banks

b) Coordinating with district lead banks

c) Mobilizing resources for rural development

d) Reviewing agricultural credit policies

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30. How often are Lead Bank Committee meetings held at the state level?

a) Monthly

b) Quarterly

c) Half-yearly

d) Yearly

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