Module: General Practice
Q45: What is the mandated deadline month for finalizing the district's Potential Linked Credit Plan (PLP) every year?
✅ Correct Answer: B
The correct answer is September.
The District Development Manager from the National Bank for Agriculture and Rural Development makes this plan to show how bank loans can help the area grow.
The Lead District Manager must hold an early meeting in June to bring everyone together to talk about loan ideas for different business areas and what the district needs most.
Once the final plan is done in September, the approved loan ideas for each block and activity are sent out by the head offices of the banks so they can make their Branch Credit Plans.
The District Development Manager from the National Bank for Agriculture and Rural Development makes this plan to show how bank loans can help the area grow.
The Lead District Manager must hold an early meeting in June to bring everyone together to talk about loan ideas for different business areas and what the district needs most.
Once the final plan is done in September, the approved loan ideas for each block and activity are sent out by the head offices of the banks so they can make their Branch Credit Plans.
🧠 Real-World Scenario:
Imagine local banks are trying to decide how much money they should reserve for farmer loans next year. Suddenly, they realize they don't know the district's actual agricultural capacity.
According to the rules, they can wait for NABARD to finalize the official Potential Linked Credit Plan (PLP) by September. This means by September, every bank gets a clear roadmap of exactly what the district needs and can afford.