Which of the following categories of borrowers are eligible for taking the benefit of Priority Sector Lending under the Weaker Sections Category? 1. Small and Marginal Farmers 2. Self-Help Groups 3.…

Question

Which of the following categories of borrowers are eligible for taking the benefit of Priority Sector Lending under the Weaker Sections Category? 1. Small and Marginal Farmers 2. Self-Help Groups 3. Beneficiaries of Differential Rate of Interest (DRI) scheme 4. Distressed farmers indebted to non-institutional lenders 5. Minority Communities as notified Select the correct answer from the choices below:

Testwala · Accepted Answer

1,2, 3,4 and 5

Testwala · Answer

Explanation: All five categories — small and marginal farmers, SHGs, DRI beneficiaries, distressed farmers and notified minority communities — fall under the weaker-sections priority-sector category.

Answer: D. 1,2, 3,4 and 5

Explanation

Answer: D. 1,2, 3,4 and 5

Explanation