BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Public Sector Lending Certificates
|
|
Priority Sector Lending Certificates
|
|
Priority System Lending Certificates
|
|
Priority Service Lending Certificates
|
Detailed explanation-1: -Clarification: There are only four eligible categories of PSLCs i.e. PSLC General, PSLC Small and Marginal Farmer, PSLC Agriculture & PSLC Micro Enterprises.
Detailed explanation-2: -As per the RBI circular released in 2016, there are eight broad categories of the Priority Sector Lending. 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-3: -The four types of Priority Sector Lending Certificates are: PSLC Agriculture: Priority Sector Lending Certificates for agriculture lending sub-target. PSLC SF/MF: Priority Sector Lending Certificates for small and marginal Farmers lending sub-target.
Detailed explanation-4: -The sectors may be agriculture and allied activities, micro and small enterprises, poor people for housing, students for education and other low-income groups and weaker sections.