UPSC CSE Prelims
Question 12
Priority Sector Lending by banks in India constitutes the lending to
View correct answer and explanation
Correct answer: D
Correct Option: D
Explanation: Priority-sector lending targets under-served activities including agriculture, micro and small enterprises and defined weaker sections.
Option-wise Analysis:
A: Incorrect - Incomplete: agriculture is a priority sector, but not the only eligible category.
B: Incorrect - Incomplete: micro and small enterprises also qualify but are not the whole list.
C: Incorrect - Incomplete: designated weaker sections receive priority-sector credit alongside other groups.
D: Correct - Correct: all three are included under RBI priority-sector lending norms.