State PCS PYQPrelims 2022

UPPCS · Question 90

L.B.S. is one of the economic measures taken by the Government of India for financial inclusion. What is L.B.S. in this context?

  1. Lead Banking Scheme
  2. Loan Banking Scheme
  3. Lead Breaking System
  4. Loan Banking System
Show answer & explanation

Answer: (A) Lead Banking Scheme

Explanation

The Lead Bank Scheme (1969) assigns a lead bank to each district for banking development.