Economics · Indian Banking System
What was the primary objective of introducing the Lead Bank Scheme in India in 1969?
- 1Promoting retail investment in national stock exchanges
- 2Encouraging foreign commercial banks to open branches in urban centers
- 3Ensuring intensive development of banking expansion at the district level✓
- 4Nationalization of all private sector banks
Correct answer
Ensuring intensive development of banking expansion at the district level
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