Master Circular – Lead Bank Scheme

Question 1

The genesis of the Lead Bank Scheme (LBS) can be traced to the Study Group headed by ………………………………….. on the Organizational Framework for Implementation of the Social Objectives, which submitted its report in October 1969.

Answer 1

Prof. D. R. Gadgil (Gadgil Study Group)

Question 2

………………… Committee endorsed the idea of an ‘Area Approach’ in its report (November 1969), recommending that in order to enable the PSBs to discharge their social responsibilities, each bank should concentrate on certain districts where it should act as a ‘Lead Bank’.

Answer 2

Nariman

Question 3

……………………. is a forum for achieving coordination between credit institutions and field level development agencies at the block level.

Answer 3

Block Level Bankers’ Committee (BLBC)

Question 4

…………………………….. is the Chairman of the BLBC.

Answer 4

The Lead District Manager (LDM) of the district

Question 5

District Development Manager (DDM) is from …………………………….

Answer 5

NABARD

Question 6

RBI selectively attends the BLBC meetings. The officer attending from RBI is known as………………..

Answer 6

Lead District Officer (LDO)

Question 7

Who convenes the District Consultative Committee (DCC) meetings?

Answer 7

Lead District Manager (LDM)

Question 8

Who is the Chairman of the DCC meetings

Answer 8

The District Collector

Question 9

The LDO represents the RBI as a …………………. of the DCC

Answer 9

Member

Question 10

The ……………. is a forum to review the pace and quality of implementation of various programmes under the LBS in the district

Answer 10

District Level Review Committee (DLRC)

Question 11

Who is the Chairman of the DLRC meetings

Answer 11

The District Collector

Question 12

BLBC/DCC/DLRC/SLCC meetings shall be held at …………………… intervals?

Answer 12

Quarterly

Question 13

Public Representatives, i.e., Local MPs/MLAs/ Zilla Parishad Chiefs are also invited to ……………… meetings.

Answer 13

District Level Review Committee (DLRC)

Question 14

Who is the Chairman of the State Level Bankers’ Committee (SLBC) meetings?

Answer 14

Chairman/Managing Director/ Executive Director of the Convenor Bank and co-chaired by the Additional Chief Secretary or Development Commissioner of the State concerned

Question 15

Who convenes the State Level Bankers’ Committee (SLBC) meetings?

Answer 15

SLBC Convenor Bank of the State

Question 16

In cases where the Managing Director/Chief Executive Officer/Executive Director of the SLBC Convenor Bank is unable to attend SLBC Meetings, the ………………………………. shall co-chair the meetings along with the Additional Chief Secretary/Development Commissioner of the State concerned?

Answer 16

Regional Director/ GM(O-i-C) of the RBI

Question 17

The State Chief Ministers are encouraged to attend …………………. SLBC meeting in a year.

Answer 17

at least one

Question 18

The assignment of Lead Bank responsibility to designated banks in every district is done by the ……………………….. following a detailed procedure formulated for this purpose.

Answer 18

Reserve Bank of India

Question 19

Under National Strategy for Financial Inclusion (NSFI): 2019-2024 – Universal Access to Financial Services: Providing banking access to every village within a …………………………………………. has been one of the key objectives.

Answer 19

5 KM radius/ hamlet of 500 households in hilly areas.

Question 20

Banks have been advised to achieve a CD Ratio of ……. percent in respect of their rural and semi-urban branches separately on an All-India basis.

Answer 20

60