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    Question

    About Lead Bank Scheme (LBS), which of the following is INCORRECT?

    i.             Both Public sector and private sector banks are appointed as Lead Banks              

    ii.            Prepare and approve Potential Linked Credit Plans (PLPs) for mapping the existing potential for development through bank credit.

    iii.           The performance of credit plans are monitored through BLBC, DCC/DLRC and SLBC

    A Only i Correct Answer Incorrect Answer
    B Only i & ii Correct Answer Incorrect Answer
    C Only ii & iii Correct Answer Incorrect Answer
    D Only iii Correct Answer Incorrect Answer
    E All of the above are correct Correct Answer Incorrect Answer

    Solution

    PLPs are a step towards decentralized credit planning with the basic objective of mapping the existing potential for development through bank credit. PLPs take into account the long term physical potential, availability of infrastructure support, marketing facilities, and policies/programmes of Government etc. Performance of LBS is monitored by Block Level Bankers’ Committee (BLBC) at Block Level, District Consultative Committee (DCC) & District Level Review Committee (DLRC) at District Level and State Level Bankers’ Committee (SLBC) at State Level.

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