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Concept of "Service Area Approach" was recommended by:
Answer & Solution
Correct Answer:
Option
A
Service Area Approach was introduced to make rural lending more organized and more effective
It assigned each bank branch specific villages as its service area so that credit planning could be done properly
This reduced duplication of efforts and ensured better monitoring of rural borrowers
This concept was recommended by the R. V. Gupta Committee
Therefore the correct answer is Option A (R. V. Gupta)
It assigned each bank branch specific villages as its service area so that credit planning could be done properly
This reduced duplication of efforts and ensured better monitoring of rural borrowers
This concept was recommended by the R. V. Gupta Committee
Therefore the correct answer is Option A (R. V. Gupta)
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LoginThe Service Area Approach (SAA) was introduced in 1989 as part of the Lead Bank Scheme, based on the recommendations of the Dr. P. D. Ojha Committee.