Q. Which of the following banks is excluded from the purview of Priority Sector Lending (PSL)?
Answer: Salary Earners’ Banks
Notes: Salary Earners’ Banks are excluded from PSL guidelines, which apply to scheduled commercial banks, regional rural banks, small finance banks, and urban cooperative banks as per the Banking Regulation Act, 1949 and the Reserve Bank of India Act, 1934.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 8 in Priority Sector Lending in the above course in App.