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  9. Q139

UPPSC PCS 2022 · Question 139 of 150

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?

Economy

  1. ALoan Banking Scheme
  2. BLead Banking SchemeCorrect
  3. CLoan Banking System
  4. DLead Breaking System

Answer: B. Lead Banking Scheme

Explanation

The Lead Bank Scheme is a scheme that aims at providing adequate banking and credit in rural areas through a 'service area approach', with one bank assigned for one area. It was introduced in 1969.

Source: edurev.in solved-paper compilation (OSWAAL 15-Years UPPSC Prelims Solved Paper)

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