Prority Sector Lending

1. Which of the following is not included under Priority Sector Lending?
   1. Agriculture ,Housing and Education
   2. Medium enterprises.
   3. Roads and Highways.
   4. Social infrastructure and renewable energy
       
2. Consider the following statements and mark the correct answer.
   1. At present 40% of loans given by banks should go to priority sectors.
   2. 12.5% of total loans to priority sector should go towards agriculture lending.
   3. Both a and b are correct.
   4. Neither a nor b is correct.

Answers:

1. c
2. a, 18% of total loans to priority sector should go towards agriculture lending

References:

http://www.thehindu.com/business/Industry/reserve-bank-revises-norms-for-priority-sector-lending/article7134843.ece