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.

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