The Service Area Approach was implemented under the purview of
- Integrated Rural Development Programme
- Lead Bank Scheme
- Mahatma Gandhi National Rural Employment Guarantee Scheme
- National Skill Development Mission
The lead bank scheme was established in 1969 with the adoption of an area approach for bridging the spatial and structural credit gaps. The basic idea was to have an area approach for targeted and focused banking.
The banker's committee, headed by S. Nariman, concluded that districts would be the units for area approach and each district could be allotted to a particular bank which will perform the role of a Lead Bank.
The correct option is B.