alleryThe Lead Bank Scheme was introduced by the Reserve Bank in:
ADecember 1991
BDecember 1969
CDecember 1949
DDecember 1977
Answer & Solution
Correct answer: B. December 1969
1. It followed the Gadgil and Nariman recommendations.
2. Both reports came out in 1969.
3. The scheme was introduced in December 1969.
_Source: RBI Master Circular, Lead Bank Scheme_
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