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Home› UPSC CSE› Prelims GS Paper I› 2012 questions› Question 13

UPSC CSE Prelims

Subject: Economy Chapter: Banking System

2012 PYQ

Question 13

The basic aim of Lead Bank Scheme is that

Choose one answer Abig banks should try to open offices in each district Bthere should be stiff competition among the various nationalized banks Cindividual banks should adopt particular districts for intensive development Dall the banks should make intensive efforts to mobilize deposits

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View correct answer and explanation

Correct answer: C

Correct Option: C Explanation: The Lead Bank Scheme allocates each district to a designated bank that coordinates local credit planning and financial inclusion. Option-wise Analysis: A: Incorrect - Merely opening branches is narrower than district-level coordination. B: Incorrect - The scheme seeks cooperation rather than aggressive interbank competition. C: Correct - Correct: lead banks assume responsibility for coordinated development in assigned districts. D: Incorrect - Deposit mobilisation alone is not its central district-planning objective.

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