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 revised limit for collateral-free agricultural loans announced by the RBI?
What was the growth percentage in Gross Direct Tax collections for the Financial Year 2023-24 as of March 17, 2024?
What is the unemployment rate (UR) recorded in August 2025 according to PLFS?
Which Indian Naval ship participated in Exercise Malabar-2025 at Guam?
Under the amended NPS exit rules, what is the maximum percentage a non-government subscriber can withdraw on normal exit?
The Union Home Ministry announced that ______________ will be observed as 'Veer Baal Diwas' as a tribute to the 10th Sikh guru Gobind Singh's four sons ...
Visa and HDFC Bank launched a limited edition digital credit card themed around which major sporting event?
What was the primary objective of the expanded bilateral law enforcement agreement signed between the United States and the Republic of Palau on August ...
What is the theme of World Press Freedom Day 2025?
The India–Netherlands Hydrogen Fellowship Programme was launched by which Secretary of the Department of Science & Technology?
Relevant for Exams:
