Lead Bank Scheme

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31. Which sector receives the highest credit for priority sector lending under the Lead Bank Scheme?

a) Agriculture

b) Micro, Small, and Medium Enterprises (MSMEs)

c) Education

d) Housing

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32. Which bank was the first foreign bank to be appointed as a lead bank in India?

a) Citibank

b) HSBC

c) Standard Chartered Bank

d) Bank of America

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33. Which scheme was launched in 2014 to revitalize the Lead Bank Scheme in India?

a) Stand-Up India

b) Pradhan Mantri Jan Dhan Yojana

c) Saansad Adarsh Gram Yojana

d) Pradhan Mantri Fasal Bima Yojana

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34. What is the role of the lead bank in mobilizing savings?

a) Offering attractive interest rates

b) Conducting financial awareness campaigns

c) Providing insurance products

d) All of the above

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35. Which ministry provides guidelines and policy directions for the Lead Bank Scheme?

a) Finance Ministry

b) Home Ministry

c) Agriculture Ministry

d) Rural Development Ministry

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