πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    Which of the following types of borrowers are eligible

    for credit under the Priority Sector Lending (PSL) guidelines?
    A Real estate developers for commercial malls Correct Answer Incorrect Answer
    B Individual borrower for gold purchase Correct Answer Incorrect Answer
    C A farmer applying for Kisan Credit Card Correct Answer Incorrect Answer
    D A private company applying for speculative equity investment Correct Answer Incorrect Answer
    E High-net-worth individuals (HNIs) Correct Answer Incorrect Answer

    Solution

    Kisan Credit Card is classified under agriculture lending, which is a priority sector as per RBI guidelines.

    Practice Next
    More Banking System in India Questions

    Relevant for Exams:

    ask-question