Prelims 2019 · Economy · Question 11
The Service Area Approach was implemented under the purview of
Answer
Lead Bank Scheme
- (a) Integrated Rural Development Programme: IRDP was a rural poverty alleviation/self-employment programme. The Service Area Approach (SAA) was not implemented under IRDP. Verdict: Incorrect.
- (b) Lead Bank Scheme: SAA was introduced in 1989 as an operational framework for rural and semi-urban lending under the Lead Bank Scheme. Verdict: Correct.
- (c) Mahatma Gandhi National Rural Employment Guarantee Scheme: MGNREGS is a wage-employment programme launched much later and has no link with SAA in banking. Verdict: Incorrect.
- (d) National Skill Development Mission: This concerns skilling and employability, not branch-based rural credit planning under SAA. Verdict: Incorrect.