Economics · Banking System
What is the primary objective of the 'Lead Bank Scheme' in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To coordinate the banking development activities within a designated district✓
- 2To foster commercial competition among large nationalized banks
- 3To subsidize credit for agricultural production
- 4To provide direct loans for rural infrastructure development
Correct answer
To coordinate the banking development activities within a designated district
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