Module: General Practice
Q34: What is the standard timeframe within which the quarterly Block Level Bankers’ Committee (BLBC) meetings must be conducted?
✅ Correct Answer: C
The correct answer is within 60 days of the end of the respective quarter.
There is a special rule for the North-Eastern region, where they can hold meetings at least twice a year.
One meeting is held after the half-year ending in September to finish the Block Credit Plan, and the other is held in March to check their progress.
The rules allow people to join meetings over a video call if there is a natural disaster or if a bank branch only has one worker.
If a meeting is delayed for a special reason, the missed meeting must always be held before the end of the next quarter.
There is a special rule for the North-Eastern region, where they can hold meetings at least twice a year.
One meeting is held after the half-year ending in September to finish the Block Credit Plan, and the other is held in March to check their progress.
The rules allow people to join meetings over a video call if there is a natural disaster or if a bank branch only has one worker.
If a meeting is delayed for a special reason, the missed meeting must always be held before the end of the next quarter.
🧠 Real-World Scenario:
Imagine the financial quarter ends on March 31st. Suddenly, the Lead District Manager is busy and wants to push the block meeting to July.
According to the rules, they can only delay it until the end of May, because the meeting must happen within 60 days of the quarter ending. This means strict deadlines keep the rural credit machine running on time without endless delays.