Question
A loan given to an entity with investment in plant and
machinery up to ₹5 crore and turnover up to ₹50 crore will be classified under which category?Solution
As per RBI norms, this qualifies as a Priority Sector Loan under Small Enterprise category, enabling the borrower to access PSL-linked benefits such as concessional interest and inclusion under mandatory lending targets.
The percentage of deposits that a bank must keep as cash reserves with itself is known as ____?
The Quit India Movement was launched in which year?
UNESCO World Heritage List recently welcomed the historic 'Moidam'. Which Indian state is home to this site?
Which Indian state is known as the "Spice Garden of India"?
Where was the 19th G20 Summit held in November 2024?
- In which Indian state are the Cardamom Hills located?
When did Mangal Pandey shoot for the first time at the British officer of the East India Company in Barrackpur?
Which day is observed as World Kindness Day every year?
- With which state is Kathakali dance associated?
Who have been awarded the 2024 Nobel Prize in Chemistry?
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