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.