UPSC General Studies Solved Paper - General Studies-2013

  • question_answer
    Priority sector lending by banks in India constitutes the lending to

    A)  agriculture                    

    B)  micro and small enterprises

    C)  weaker sections

    D)         All of these

    Correct Answer: D

    Solution :

    Exp. [d] According to the priority sector, lending norms of the RBI banks have to extend at least 40% of their credit to the priority sector. Some of the priority sectors mentioned by the RBI are agriculture, micro and small enterprises, education, housing, export credit and loans to weaker sections.


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