Which of the following statements is INCORRECT regarding

Q: Answer-Which of the following statements is INCORRECT regarding Priority Sector Lending (PSL)?

Factoring transactions under the TReDS platform are not treated as PSL exposure. RBI has clarified that although MSME finance is eligible for PSL, factoring services are excluded to avoid duplication and risk misclassification.

Priority Sector Lending (PSL)?

A Loans to MSMEs up to a specified limit are classified under PSL.

B Agriculture lending is a part of PSL.

C Housing loans up to a certain limit are covered under PSL.

D Bill factoring services under TReDS platform is considered as PSL.

E None of these

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SIDBI Grade A (Assistant Manager)

Which of the following statements is INCORRECT regarding

Solution

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