Economics · Indian Economy
The 'Lead Bank Scheme', introduced in 1969 by the RBI, assigned what primary responsibility to designated banks?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To print currency
- 2To lend only to large industries
- 3To act as the main bank for a specific district✓
- 4To lead protests
Correct answer
To act as the main bank for a specific district
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