Banking · Priority Sector Lending
Under the RBI's Priority Sector Lending (PSL) guidelines for Agriculture, what is the maximum loan limit specified for an individual classified under 'Weaker Sections' for purchasing a second-hand tractor?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1No specific limit (loans for agriculture of any amount are eligible under priority sector based on economic viability)✓
- 2₹10,00,000
- 3₹5,00,000
- 4₹2,00,000
Correct answer
No specific limit (loans for agriculture of any amount are eligible under priority sector based on economic viability)
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