📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      As per RBI’s guidelines, what is the maximum loan

      amount that can be classified under Priority Sector Lending for education in India?
      A ₹10 lakh for studies in India and ₹20 lakh for studies abroad Correct Answer Incorrect Answer
      B ₹20 lakh for studies in India and ₹10 lakh for studies abroad Correct Answer Incorrect Answer
      C ₹15 lakh for India and ₹15 lakh for abroad Correct Answer Incorrect Answer
      D ₹10 lakh for both India and abroad Correct Answer Incorrect Answer
      E ₹7.5 lakh for India and ₹15 lakh for abroad Correct Answer Incorrect Answer

      Solution

      RBI classifies education loans under PSL up to ₹10 lakh for domestic and ₹20 lakh for overseas studies.

      Practice Next
      ask-question