Consider the following statements about the reassignment of lead bank responsibility:
- The Lead Bank Scheme in India was introduced by the RBI in 1969.
- Each district in India is assigned to a particular commercial bank known as the lead bank.
- The changes in lead bank responsibilities will be effective from April 01, 2025.
Which of the above statements is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1 only
5
1, 2, and 3