| Consider the following: |
| 1. Service area approach-was adopted under the purview of lead bank scheme. |
| 2. These banks are responsible for overall development in urban and Semi-urban and rural areas. Which of these statements is/are correct? |
A) Only 1
B) Only 2
C) Both 1 and 2
D) neither 1 nor 2
Correct Answer: C
Solution :
[c] Service Area Approach is a modification of the Lead Bank Scheme and is mainly effective insofar as it relate to formulation of credit plans, and the review systems, as recommended by the working group to review the working of the Lead Bank Scheme.
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