Current Affairs · Banking Regulation
With reference to the guidelines issued by the Reserve Bank of India (RBI) on Priority Sector Lending (PSL), consider the following statements: 1. Loans to sectors such as renewable energy and electric vehicle (EV) infrastructure are eligible for inclusion under the PSL norms subject to specified regulatory limits. 2. Bank loans to Primary Agricultural Credit Societies (PACS) and Farmers’ Producer Organisations (FPOs) for agricultural activities qualify under the priority sector lending framework. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither 1 nor 2
- 22 only
- 31 only
- 4Both 1 and 2✓
Correct answer
Both 1 and 2
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