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.
Relation of Centre-state lies in which of the following Schedules-
Consider the statements about Kapdaganda shawl:
1.It bagged the Geographical Indication (GI) tag.
2. This GI tag is valid for 10 years fol...
Which state in India has launched the Chief Minister's Learn and Earn scheme to teach employable skills to the youth?
Which of the following countries share a border with ‘Greece’?
1.North MacedoniaÂ
2.Bulgaria
3.AlbaniaÂ
4.Turkey
<...Which company has launched Team India's jersey for the upcoming ICC World Cup 2023?
Which company has launched the world's first Generative AI tool for insurance?
Who has been elected as the Chairman of the Press Trust of India's Board of Directors for a one-year term, marking a significant development in Indian j...
Which of the following states has approved a proposal for starting Teacher Interface for Excellence (TIE) programme?Â
What recent (April 2024) announcement did the National Stock Exchange (NSE) make regarding derivatives contracts?
Which of the following is NOT mentioned in ‘Part 2’ of the Indian Constitution?
Relevant for Exams:
