Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer?

EduRev

All Courses

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Banking Exams Exam > Banking Exams Questions > Priority Sector includes which of the followi...

Priority Sector includes which of the following categories?

a)
Agriculture
b)
Micro, Small and Medium Enterprises (MSME)
c)
Export Credit
d)
Education
e)
All of the above

Correct answer is option 'E'. Can you explain this answer?

Join for Free

Join for Free

Most Upvoted Answer

Priority Sector includes which of the following categories?a)Agricultu...

Priority Sector includes the following categories:

Agriculture
Micro, Small and Medium Enterprises (MSME)
Export Credit
Education
Housing
Social Infrastructure
Renewable Energy

Answered by Notes Wala · View profile

View all answers Start learning for free

Explore Courses for Banking Exams exam

Similar Banking Exams Doubts

Which one among the following is not a part of priority sector lending?

View answer

Direction: Priority sector advances refer to loans provided by banks to certain sectors of the economy identified as priority areas for development by the government. Banks in India must allocate a certain percentage of their total lending to these sectors. Priority sector lending is an important tool for promoting inclusive growth and reducing inequality by providing credit to underserved segments of the economy. Banks are required to comply with the priority sector lending targets and report their progress to the RBI regularly. Failure to meet these targets can result in penalties and restrictions on the banks operations.Q. Which of the following statement(s) is/are incorrect about Priority sector lending?(i) Loans for the purchase, construction, and repairs of a dwelling unit are included in the social infrastructure category of the priority sector(ii) Loans to distressed farmers indebted to non-institutional lenders are part of the Weaker Sections category of the priority sector(iii) Loans for educational purposes are not considered under Priority Sector(iv) Loans to start-ups engaged only in Agriculture or MSME activities are included in the Others category of the priority sector

View answer

What is/are the guidelines for PSL for scheduled commercial banks?

View answer

The origins of priority sector (PS) lending can be traced back to 1966 when Morarji Desai saw a need for increasing credit to agriculture and small industries. However, the definition for PS was only formalised based on a Reserve Bank of India (RBI) report in the National Credit Council in 1972. After bank nationalisation, the PS formulation also allowed Indira Gandhi to assuage important political lobbies, in a poor country with full adult franchise, through such directed lending.The RBIs predetermined standards for determining suitability for Priority Sector Lending do not correspond to the following?

View answer

Which one among the following is not a part of priority sector lending?

View answer

Top Courses for Banking ExamsView all

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

Tips & Tricks for Government Exams

Improve Your Calculations: Vedic Maths (English)

Top Courses for Banking Exams

View all

Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer?.

Solutions for Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer?, a detailed solution for Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer? has been provided alongside types of Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Priority Sector includes which of the following categories?a)Agricultureb)Micro, Small and Medium Enterprises (MSME)c)Export Creditd)Educatione)All of the aboveCorrect answer is option 'E'. Can you explain this answer? tests, examples and also practice Banking Exams tests.

Explore Courses for Banking Exams exam