2012 GS Paper I, all questions
UPSC Prelims 2012 · GS Paper I
Question 80: Economy and Social Development
The basic aim of Lead Bank Scheme is that
abig banks should try to open offices in each district
bthere should be stiff competition among the various nationalized banks
cindividual banks should adopt particular districts for intensive development
dall the banks should make intensive efforts to mobilize deposits
AnswerUPSC’s answer is (c).
The Lead Bank Scheme, started by the Reserve Bank in 1969, assigns each district to one bank, which leads in setting up banking facilities, assessing credit needs and promoting intensive development of that district. It is about coordinated district-level development, not opening offices everywhere, rivalry among banks or deposit mobilisation.
Why each option is right or wrong
- (a) Wrong: the scheme is not about big banks opening offices in each district.
- (b) Wrong: it seeks coordination, not stiff competition among banks.
- (c) Correct: individual banks adopt districts for intensive development.
- (d) Wrong: mobilising deposits is not its basic aim.
Answer: UPSC’s key. Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2012, General Studies Paper I, Series A. The paper on upsc.gov.in.