Question

    Among the following sectors, which is officially

    categorized as a ‘priority sector’ for bank lending under RBI guidelines in India?
    A Industries Correct Answer Incorrect Answer
    B Services Correct Answer Incorrect Answer
    C Agriculture Correct Answer Incorrect Answer
    D Territory Correct Answer Incorrect Answer
    E Export Correct Answer Incorrect Answer

    Solution

    Priority sector lending mandates banks to allocate a specific portion of their lending to essential sectors like agriculture, MSMEs, education, and housing to promote inclusive growth.

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