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      Question

      As per RBI PSL Guidelines, the threshold loans to

      individuals for educational purposes not exceeding _____ will be considered as Priority Sector Lending (PSL).
      A 15 lac Correct Answer Incorrect Answer
      B 20 lac Correct Answer Incorrect Answer
      C 23 lac Correct Answer Incorrect Answer
      D 25 lac Correct Answer Incorrect Answer
      E 30 lac Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India (RBI) has increased the threshold for education loan under priority sector lending to not exceeding ₹20 lakh from the earlier ₹10 lakh. However, experts said this may not help the students much, unless the model education loan scheme is relooked at. 

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