UPSC Previous Year Question | Prelims GS | 2019

The Service Area Approach was implemented under the purview of

  1. Integrated Rural Development Programme
  2. Lead Bank Scheme
  3. Mahatma Gandhi National Rural Employment Guarantee Scheme
  4. National Skill Development Mission

Answer

Correct Answer

Lead Bank Scheme

Explanation

The Service Area Approach (1989) was introduced under the Lead Bank Scheme, allotting each rural/semi-urban bank branch a set of villages to serve for credit needs.

Topics: banking and finance, indian economy, lead bank scheme and service area approach, rural credit