Q: Priority Sector Lending by banks in Indian constitutes the lending to
a) Agriculture
b) Micro and small enterprises
c) Weaker sections
d) All of the above
Correct Answer: Option (d)
- Under the provisions of Priority Sector Lending, Banks have to lend minimum of 40% to priority sector which includes agriculture, MSMEs, and weaker sections. Hence, option (d) is correct.
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