Multiple Choice Questions on Priority Sector Lending PSL in foreign banks is monitored by ........ for CAPF (AC) Exam Preparation

Money and banking

Indian Economic System

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Indian Economy - Understanding the basics of Indian economic system

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    Priority Sector Lending (PSL) in foreign banks is monitored by

    Small Industries Development Bank of India (SIDBI)

    Incorrect Answer

    Reserve Bank of India

    Correct Answer

    Government of India

    Incorrect Answer

    National Bank for Agriculture and Rural Development (NABARD)

    Incorrect Answer
    Explanation:

    PSL in all areas is monitored by RBI. As per 2019 report the banks have not been able to achieve their targets;the extracts are as follows:-

    Banks fail to meet priority sector lending targets overall: RBI data


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