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Which of the following is NOT a priority sector category for advancing loans by an Indian Bank?
Export Credit
Self Help Groups
Micro and Small Enterprises
Education
- Export Credit:
- Not a part of the traditional priority sectors.
- Banks do finance exports, but it's considered separately from priority lending.
- Self Help Groups:
- Considered under categories like microfinance.
- Aimed at financial inclusion and empowerment of women/small groups.
- Micro and Small Enterprises:
- Part of the priority sector to support smaller businesses.
- Encourages entrepreneurship and employment.
- Education:
- Included to facilitate student loans.
- Supports educational advancement and skill development.
Correct Answer:
Option:1 - Export Credit
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