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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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