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GS Paper IUPSC Prelims 2019
Banking & Financial System
Question No. 157Interactive Test Mode
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+2-0.66

Q157. The Service Area Approach was implemented under the purview of

The Service Area Approach was implemented under the purview of

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2019 • Indian Economy

Correct Answer: Option (B) — Lead Bank Scheme

Concept & Option Breakdown

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The Service Area Approach (SAA) was introduced by the Reserve Bank of India in April 1989 as an operational strategy under the Lead Bank Scheme. Under this scheme, each semi-urban or rural commercial bank branch was designated a specific service area (a cluster of 15 to 25 villages) to cater to its credit and banking needs in a planned manner.

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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2019 (Q157)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Banking & Financial System
Official Answer KeyOption (B) — Lead Bank Scheme

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Frequently Asked Questions — UPSC Prelims 2019 Q157

What is the official answer for UPSC Prelims 2019 GS Paper I Question 157 (Indian Economy)?

The official UPSC answer key for this 2019 Indian Economy (Banking & Financial System) question is Option (B): "Lead Bank Scheme". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2019 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Banking & Financial System". You can explore all repeated questions from Banking & Financial System in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Banking & Financial System UPSC Prelims question using option elimination?

To solve Banking & Financial System questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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