Question

    What is the primary focus of the Priority Sector Lending

    (PSL) guidelines in India?
    A Promoting foreign investments Correct Answer Incorrect Answer
    B Supporting large corporate enterprises Correct Answer Incorrect Answer
    C Channeling credit to underserved sectors Correct Answer Incorrect Answer
    D Funding highrisk ventures Correct Answer Incorrect Answer
    E Enhancing international trade Correct Answer Incorrect Answer

    Solution

    Priority Sector Lending (PSL) guidelines focus on channeling credit to underserved sectors such as agriculture, micro and small enterprises, and weaker sections of society to promote inclusive growth.

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