Banks have the lowest lending levels in the.....part of India.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Banks have the lowest lending levels in the____part of India.

A	Central
B	North-Eastern
C	Southern
D	Western

Explanation:

Detailed explanation-1: -On September 16, 2015, Reserve Bank of India awarded the “In-principle approval” to set up Small Finance Bank (SFB) to 10 Financial Institutions, including RGVN (North East) Micro Finance Limited, the same can be viewed here at https://rbi.org.in/scripts/BS PressReleaseDisplay.aspx?prid=35010.

Detailed explanation-2: -What are the Weaker Sections under the Priority Sector? Small and Marginal Farmers. Artisans, village and cottage industries where individual credit limits do not exceed Rs 1 lakh. Scheduled Castes and Scheduled Tribes.

Detailed explanation-3: -They are: (1) Agriculture (2) Micro, Small and Medium Enterprises (3) Export Credit (4) Education (5) Housing (6) Social Infrastructure (7) Renewable Energy (8) Others.

Detailed explanation-4: -RBI has 31 branches in India. Mostly all are in Capital cities, exceptions are the Nagpur Reserve Bank branch which is actually a Second capital of Maharashtra and the Ahmedabad Reserve Bank branch.

There is 1 question to complete.