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The basic aim of Lead Bank Scheme is that

The basic aim of Lead Bank Scheme is that

(a)

big banks should try to open offices in each district

(b)

there should be stiff competition among the various nationalized banks

(c)

individual banks should adopt particular districts for intensive development

(d)

all the banks should make intensive efforts to mobilize deposits

Answer:

(c)

Core Books/NCERT

Explanation

Introduced in 1969, the Lead Bank Scheme aimed to provide services in rural areas through a service area approach. Under this approach, a particular bank was designated as the lead bank for a specific area and was expected to provide banking services to the people there. It was intended that individual banks would adopt particular districts for intensive development, concentrating banking activities in previously underserved rural areas.