BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is/are the different categories under priority sector?
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Social Infrastructure
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Renewable Energy
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Micro, Small and Medium Enterprises
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All of above
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Explanation:
Detailed explanation-1: -The categories under priority sector are as follows: Agriculture. Micro, Small and Medium Enterprises. Export Credit.
Detailed explanation-2: -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. The others category includes personal loans to weaker section, loans to distressed persons, loans to state sponsored organisations for SC/ST.
Detailed explanation-3: -2. There are eight broad categories of the Priority Sector Lending Agriculture; Micro, Small and Medium Enterprises; Export Credit; Education; Housing; Social Infrastructure; Renewable Energy; Others.
There is 1 question to complete.