Giving an impetus to the low-cost housing segment, the Reserve Bank of India has stated housing loans of up to Rs....., for dwellings costing less than Rs 45 lakh, will be treated as priority sector lending in metropolitan centre (with population of ten lakh and above).

BANKING GENERAL KNOWLEDGE

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

Giving an impetus to the low-cost housing segment, the Reserve Bank of India has stated housing loans of up to Rs____, for dwellings costing less than Rs 45 lakh, will be treated as priority sector lending in metropolitan centre (with population of ten lakh and above).

A	Rs 42 lakhs
B	Rs 40 lakhs
C	Rs 32 lakhs
D	Rs 35 lakhs

Explanation:

Detailed explanation-1: -30 lakh. You can get up to 80% finance for loans in the Rs. 30 lakh to Rs. 75 lakh range.

Detailed explanation-2: -The Reserve Bank of India (RBI) has categorised renewable energy sector under priority sector lending for loans up to a limit of ₹30 crore.

There is 1 question to complete.