Module: General Practice
Q42: What is the standard timeframe within which the quarterly State Level Bankers’ Committee (SLBC) meetings must be conducted?
✅ Correct Answer: C
The correct answer is within 45 days from the end of the respective quarter.
A schedule for the whole year must be made by January 15th.
The person running the meeting must get all the data within 15 days after the quarter ends, and they must hand out the meeting plan within 20 days after the quarter ends.
After the meeting happens within that 45-day window, the notes from the meeting must be sent to everyone involved within 10 days.
Finally, any tasks given out must be checked on within 30 days of sending out those notes.
A schedule for the whole year must be made by January 15th.
The person running the meeting must get all the data within 15 days after the quarter ends, and they must hand out the meeting plan within 20 days after the quarter ends.
After the meeting happens within that 45-day window, the notes from the meeting must be sent to everyone involved within 10 days.
Finally, any tasks given out must be checked on within 30 days of sending out those notes.
🧠 Real-World Scenario:
Imagine the December quarter ends and the state needs to adjust its massive lending goals. Suddenly, the committee says they will hold the meeting in March because they are too busy.
According to the rules, they can be severely reprimanded, because the SLBC meeting must happen within exactly 45 days (by mid-February). This means there is absolutely no room for delays at the state level.