BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following does not qualify as priority sector lending?
A
Agricultural lending
B
Education loans
C
Auto loans
D
Loans to small scale sector
Explanation: 

Detailed explanation-1: -UCBs are not permitted to lend to co-operatives of farmers.

Detailed explanation-2: -Loans to individuals for educational purposes, including vocational courses, not exceeding Rs 20 lakh will be considered as eligible for priority sector classification.

There is 1 question to complete.