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


    Question

    Under the Priority Sector Lending (PSL) norms, which of

    the following is not classified under the MSME category?
    A A service-based enterprise with ₹4 crore investment Correct Answer Incorrect Answer
    B Manufacturing unit with ₹8 crore investment and ₹35 crore turnover Correct Answer Incorrect Answer
    C Small trader with ₹20 lakh turnover Correct Answer Incorrect Answer
    D Export unit with ₹12 crore turnover and ₹1 crore investment Correct Answer Incorrect Answer
    E NBFC lending ₹5 crore to MSEs Correct Answer Incorrect Answer

    Solution

    NBFCs are not considered as borrowers under PSL even if they lend to MSEs. PSL benefit is applicable to direct borrowers, not to intermediaries like NBFCs.

    Practice Next
    ask-question