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Question

Which of the following are included in Ancillary Activities of agriculture under Public Sector Lending :

I) Loans up to Rs 5 crore to co-operative societies of farmers for disposing of the produce of members

II) Loans for setting up of Agriclinics and Agribusiness Centers.

III) Loans for Food and Agro-processing up to an aggregate sanctioned limit of Rs 100 crore per borrower. 

A I and II only Correct Answer Incorrect Answer
B II and III only Correct Answer Incorrect Answer
C I and III only Correct Answer Incorrect Answer
D I only Correct Answer Incorrect Answer
E All of the above Correct Answer Incorrect Answer

Solution

Ancillary Activities under PSL Loans up to Rs 5 crore to co-operative societies of farmers for disposing of the produce of members. Loans for setting up of Agriclinics and Agribusiness Centers. Loans for Food and Agro-processing up to an aggregate sanctioned limit of Rs 100 crore per borrower from the banking system.

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