{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2025-01-08T09:39:37.988Z","dateModified":"2025-01-08T09:39:37.988Z","typicalAgeRange":"11-18","educationalLevel":"CUET (PG)","assesses":"Commerce - Law and Practice of Banking","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Law and Practice of Banking"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Commerce"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (PG)"}],"name":"Quiz about Law and Practice of Banking","about":{"@type":"Thing","name":"Commerce - Law and Practice of Banking"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Law and Practice of Banking","text":"The Lead Bank Scheme of RBI aims for the following objectives except:","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"The Lead Bank Scheme emphasizes rural development and credit flow to priority sectors."},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

To coordinate the activities of banks and other development agencies

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

To achieve the objectives of enhancing the flow of bank finance to the priority sector

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

To promote the bank's role in overall development of the rural sector

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

To strengthen financial inclusion by providing payment/remittance to migrant labor, low-income households, and small businesses

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

To strengthen financial inclusion by providing payment/remittance to migrant labor, low-income households, and small businesses

","comment":{"@type":"Comment","text":"The Lead Bank Scheme emphasizes rural development and credit flow to priority sectors."},"answerExplanation":{"@type":"comment","text":"The Lead Bank Scheme, introduced by the RBI in 1969, primarily focuses on the following: Coordination: Between banks and developmental agencies. Priority Sector Lending: Ensuring adequate flow of credit to agriculture and rural development. Rural Development: Promoting banks' role in rural economic growth. Financial inclusion is a separate initiative under other RBI programs, such as the Jan Dhan Yojana."}}}]}

The Lead Bank Scheme of RBI aims for the following objectives except:

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The Correct Option is D

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