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    Question

    Which is a priority sector loan?

    A Gold loan Correct Answer Incorrect Answer
    B Education loan Correct Answer Incorrect Answer
    C Car loan Correct Answer Incorrect Answer
    D Credit card Correct Answer Incorrect Answer

    Solution

    Detailed Concept Explanation Education loans are included under PSL – Priority Sector Lending as per RBI guidelines to promote higher education. Why other options are NOT correct

    • Gold loan: Not PSL
    • Car loan: Consumption loan
    • Credit card: Unsecured consumer credit
     

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