Question

Which of these was selected as a fundamental unit for developing banking infrastructure in the Lead Bank Scheme?

• A. Town
• B. Village
• C. District
• D. Panchayat

Hint:

Understand banking reforms by their administrative focus units such as district or block.

Answer 1

The Correct Option is C

Step 1: Lead Bank Scheme
It was introduced by the Reserve Bank of India to coordinate banking development in different regions of India.
Step 2: Fundamental unit
In this scheme, the district was chosen as the fundamental unit for banking infrastructure development. Banks were assigned to districts to lead banking expansion efforts.
Thus, Option (C) District is correct.