ExamCompetition Forum Question Papers Ask A Question Mock Test Learn & Earn Sign Up Login Menu



0 vote

What is the applicable limit for social infrastructure loans under priority sector?

Asked on by | Votes 0 | Views: 20 | Tags: banking financial awareness     | financial awareness     | Add Bounty

What is the applicable limit for social infrastructure loans under priority sector?
1). Up to Rs. 1 Crore
2). Up to Rs. 2 Crore
3). Up to Rs. 4 Crore
4). Up to Rs. 5 Crore


Share on Facebook      Share on Whatsapp       Share on Twitter




1 answers

2 vote
Answered by on | Votes 2 |

Bank loans up to a limit of Rs. 5 crores per borrower for building social infrastructure for activities namely schools, healthcare facilities, drinking water facilities and sanitation facilities (including loans for construction/ refurbishment of toilets and improvement in water facilities in the household) in Tier II to Tier VI centers are eligible for classification under priority sector.

Join Telegram Group




Answer This Question

Name:
Email:
Answer :
Sum of (1+1)
Submit:

Other Questions

1. Green Revolution has led to: 1. Spurt in production of all food grains. 2. Greater regional inequalities 3. Reduction in inter-personal inequalities. 4. Increase in production of wheat

2. Which of the following statements are correct in accordance to Kisan Credit Cards? I. NABARD formulated a model scheme for issue of Kisan Credit Cards (KCCs) to farmers so that they may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc. II. These

3. How many states signed an agreement for Renukaji Dam Multipurpose Project on 11 January 2019?

4. India and which of the following country launched a platform to promote and facilitate investments from the east Asian country recently?

5. Which of the following statements are true in regards NBFC?

6. FDI limit in Asset Reconstruction Companies through automatic route is

7. Which among the given national park/s is/are situated in Tamilnadu State?

8. Consider the following statements regarding Non-Banking Finance Companies (NBFCs): 1. NBFCs can also engage in Micro- Finance Activities. 2. Housing-finance companies form a distinct sub-group of the NBFCs. 3. The deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors Which among the above statement(s) is/are not correct?

9. Reliance Industries Limited in September 2016 launched the telecom service Reliance Jio. Which services isnot a part of the Reliance Jio Welcome Offer?

10. 'Where service is a way of life' is the tagline of which bank?