App Logo

No.1 PSC Learning App

1M+ Downloads
  • Assertion (A) : The Lead Bank Scheme was introduced to improve rural banking services.

  • Reason (R): The Gadgil Study group found that rural areas had an adequate number of Commercial banks.

ABoth A and R are true, and R is the correct explanation of A.

BBoth A and R are true, but R is not the correct explanation of A.

CA is true, but R is false.

DA is false, but R is true.

Answer:

C. A is true, but R is false.

Read Explanation:

.


Related Questions:

Banks can finance NBFC for ---
Every Agricultural Credit Society shall set apart not more than --- of its net profits towards agricultural credit Stabilisation Fund
The National Agricultural Cooperative Marketing Federation (NAFED), established in ...

Consider the following Statements about NCDC and identify the wrong.

  1. The General Counal is the supreme body of NCDC and shapes its policies and programs.
  2. General Council consists of 12 members.
  3. The General Council of NCD is headed by the Union Minister of Cooperation (chairman).
  4. The team of the General Council and Board of NCDC is 5 years, and it is reconstituted by the Central Government every 3 years.
    Audit reports of --- are to be placed before the legislature.