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True or false about the Lead Bank Scheme

Exercise and reference answers

Questions
  1. Statement is true
    Yes
    Statement
    The scheme started in December 1969.
  2. Statement is true
    No
    Statement
    A banker chairs the district committee.
  3. Statement is true
    Yes
    Statement
    State committee meetings are held quarterly.
  4. Statement is true
    No
    Statement
    The state committee was formed in 1997.
  5. Statement is true
    Yes
    Statement
    NABARD's DDM attends every block meeting.
  6. Statement is true
    Yes
    Statement
    MPs and MLAs are invited to the district review.
Instructions
Decide whether each statement is true or false.

Explanation

_Source: RBI Master Circular, Lead Bank Scheme_
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