Here is Question No. 61 a part of our series on UPSC Prelims 2019
Q61. The Service Area Approach was implemented under the purview of:
(a) Integrated Rural Development Program
(b) Lead Bank Scheme
(c) Mahatma Gandhi National Rural Employment Guarantee Scheme
(d) National Skill Development Mission
Answer: B
- The Service Area Approach (SAA) was introduced in April 1989 as a part of the Lead Bank Scheme for planned and orderly development of rural and semi-urban areas. It was applicable to all scheduled commercial banks including Regional Rural Banks. Under SAA, each bank branch in a rural or semi-urban area was designated to serve an area of 15 to 25 villages and the branch was responsible for meeting the needs of bank credit in its service area.
- The primary objective of SAA was to increase productive lending and forge effective linkages between bank credit, production, productivity, and increase in income levels.
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