Q. Who in the education sector is eligible to receive credit under Priority Sector lending norms in India?
Answer: Individuals for vocational and higher education
Notes: Under Priority Sector lending norms in India, individuals can receive loans for vocational and higher education, including overseas studies, with a maximum limit of ₹20 lakh, promoting access to quality education.
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: 19 in Priority Sector Lending in the above course in App.