Which among the following come under Priority Sector Loans?
Which among the following come under Priority Sector Loans?
1. Agriculture and Allied Activities
2. Education Loans
3. Retail Trade Loan
Select the correct option from the codes given below:
[A]Only 1 & 2
[B]Only 2 & 3
[C]Only 1 & 3
[D]1, 2 & 3
1, 2 & 3
As per Reserve Bank of India, Priority sector includes the following: Agriculture and Allied Activities , Small scale industries; Small road and water transport operators; Small Traders; Small self employment business ; education loans; Small Consumption loan for weaker sections; MicroCredit; Loan to small software companies etc.