Question
Which of the following Statements about Priority Sector
Lending is/are True? I- PSL norms are decided by the RBI after discussion with the Cabinet Secretary II- All education loans are part of PSL in India. III- RRBs, Cooperative Bank & SFBs are exempted from PSL norms.Solution
PSL in Education Loans- Education loans include loans and advances granted to only individuals for educational purposes up to Rs. 10 lakhs for studies in India and Rs. 20 lakhs for studies abroad, and do not include those granted to institutions. Regional rural banks, co-operative banks and small finance banks have to allocate 75% of total Credit to PSL.
What is the theme chosen by the Global Initiative for Asthma (GINA) for World Asthma Day 2024?
The least populated district of India as per 2011 Census is located in which of the following states?
Which of the following statements is/are correct regarding RBI penalties?
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In the Union Budget 2022, the extension has been given for Tax Rebate till the date?
Who was elected President of the 80th United Nations General Assembly in June 2025?
Which of the following is an indirect tax?
When do we mark the Global Family Day every year?
What was the objective of Exercise Poorvi Lehar conducted by the Indian Navy on the East Coast?
Which bank has launched 'ONDC in a Box', a one-stop-shop proposition for corporates towards seamless enablement of ONDC and has become the first foreign...
Who will chair the five-member expert committee formed by Insurance Regulatory and Development Authority of India (IRDAI) comprising medical experts a...
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