Question

Which of the following statements regarding Priority

Q: Answer-Which of the following statements regarding Priority Sector Lending (PSL) norms in India is incorrec...

The statement that Foreign banks with less than 20 branches are exempt from meeting Priority Sector Lending targets is incorrect. All foreign banks, regardless of their branch count, are subject to PSL targets in India.

Sector Lending (PSL) norms in India is incorrect?

A Micro, Small and Medium Enterprises (MSME) sector is a part of the priority sector.

B Lending to agriculture, including allied activities, is a major component of the priority sector.

C Foreign banks with less than 20 branches are exempt from meeting Priority Sector Lending targets.

D Social infrastructure loans, subject to certain limits per borrower, qualify under PSL.

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Which of the following statements regarding Priority

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