Module: General Practice
Q27: As per the guidelines for the Lead Bank Scheme, what is the title of the official appointed by the designated commercial bank to oversee the program within a given district?
✅ Correct Answer: C
The correct answer is Lead District Manager (LDM). The chosen Lead Bank is in charge of bringing together the work of local banks, the Government, the National Bank for Agriculture and Rural Development (NABARD), and other district-level groups.
This teamwork helps improve the flow of loan money to priority areas and promotes financial inclusion.
The appointed Lead District Manager alone oversees and coordinates the direct groundwork of the Lead Bank Scheme inside that single district.
This teamwork helps improve the flow of loan money to priority areas and promotes financial inclusion.
The appointed Lead District Manager alone oversees and coordinates the direct groundwork of the Lead Bank Scheme inside that single district.
🧠 Real-World Scenario:
Imagine the Government wants to release subsidized loans to weavers in a specific district. Suddenly, they need someone to organize the 15 different bank branches in that area to actually distribute the money.
According to the rules, they can rely on the Lead District Manager (LDM). This means the LDM acts like the captain of the district, bringing all banks and govt officers to the same table.