BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Eviction of unemployment and under employment.
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Survival growth in the living map for the poorest of the poor.
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Some basic needs arrangements included in poor sections of the society.
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All of the above
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Detailed explanation-1: -Lead Bank Scheme was launched in 1969 with the objectives of addressing the problem of unemployment, poverty and raising the living standard of the poor.
Detailed explanation-2: -The basic aim of Lead Bank Scheme is that there should be stiff competition among the various nationalized banks and big banks should try to open offices in each district.
Detailed explanation-3: -In 1969 the Lead Bank Scheme introduced by the Reserve Bank of India. The objective of the scheme was the eradication of unemployment and underemployment.
Detailed explanation-4: -The Lead Bank Scheme is a scheme which aims at providing adequate banking and credit in rural areas through an ‘service area approach’, with one bank assigned for one area. It was introduced in 1969. On the recommendation of the Gadgil Study Group and Banker’s Committee, the Scheme was introduced by RBI.