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Which one among the following is not a part of priority sector lending?
  • a)
    Agriculture
  • b)
    Education
  • c)
    Renewable energy
  • d)
    Export-Import Credit
  • e)
    Micro, Small and Medium Enterprises
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which one among the following is not a part of priority sector lendin...
Export-Import Credit is not a part of priority sector lending.
Priority Sector Lending is an important role given by the Reserve Bank of India (RBI) to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture and allied activities, micro and small enterprises, poor people for housing, students for education and other low-income groups and weaker sections. This is essentially meant for an all-round development of the economy as opposed to focusing only on the financial sector.
Priority Sector includes the following categories:
  • Agriculture
  • Micro, Small and Medium Enterprises
  • Export Credit
  • Education
  • Housing
  • Social Infrastructure
  • Renewable Energy
  • Others
Hence, the correct option is (D).
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Which one among the following is not a part of priority sector lending?a)Agricultureb)Educationc)Renewable energyd)Export-Import Credite)Micro, Small and Medium EnterprisesCorrect answer is option 'D'. Can you explain this answer?
Question Description
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