Question
Which institutional mechanism deals with banks’
shortfalls in meeting Priority Sector Lending (PSL) targets, and how are such funds utilized?Solution
• If commercial banks fail to achieve their PSL targets, the shortfall is not left idle. Instead, they are required to deposit the shortfall amount into the Rural Infrastructure Development Fund (RIDF). • The RIDF is managed by NABARD (National Bank for Agriculture and Rural Development). • These funds are then deployed towards financing rural infrastructure projects such as irrigation, roads, bridges, health centers, and other development schemes in rural areas. • This mechanism ensures that even if banks fail to lend directly to priority sectors, the shortfall still contributes to strengthening rural development and infrastructure.
Which of the following Statements is/are True?
I- A Producer Organisation (PO) is a legal entity by Primary Producers.
II- The role of FPO...
The total cost of the eight high-speed road corridor projects approved by the Union Cabinet is:
What is the main objective of the recently launched National Edible Oil Mission-Oil Palm (NMEO-OP)?
What is the primary objective of the Smart Cities Mission in India?
Which of the following is not of the eligibility criterias to become a beneficiary of Pradhan Mantri Matru Vandana Yojana (PMMVY)?
Which of the following Statements is/are True?
I- WHO is an independent agency owned by some of the top pharma companies across the globe.
Which primary objective of the Pradhan Mantri Ayushman Bharat Yojana aims to alleviate the financial burden of healthcare on low-income households?
Which of the following States have achieved the target number of registrations on e-Shram Portal?
I- Odisha
II- Uttar Pradesh
III- ...
The First Industrial Policy of Independent India was announced in ___________________.
...Which of the following can be the features of a Green Economy.
I- low carbon
II- resource-efficiency
III- social Inclusivity
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