Economics · Economy
Consider the following statements regarding Education and Housing under Priority Sector Lending (PSL): 1. The loan limit for an individual for educational purposes, eligible for PSL classification, is Rs 25 lakh, irrespective of whether the course is pursued in India or abroad. 2. The limit for loans to individuals for the construction or purchase of dwelling units for housing under PSL is uniform across all metropolitan and non-metropolitan centres. 3. Bank loans to Housing Finance Companies (HFCs) for on-lending to the housing sector are not eligible for classification under PSL. Which of the statements given above is/are correct?
- 11 only✓
- 21 and 2 only
- 31 and 3 only
- 4None of the above
Correct answer
1 only
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