Priority Sector Lending by banks in Indian constitutes the lending to ........

Economic Affairs Types of Banks and Banking

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Priority Sector Lending by banks in Indian constitutes the lending to-

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UPSC CSP Previous Year Paper (2013)

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Agriculture

Micro and small enterprises

Weaker sections

All of the above

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Explanation:

Priority sector lending is a set of rules/directives given by RBI to banks in India, which states that out of total lending by banks, 40% of loans should be given to priority sectors such as Agriculture, Micro, Small and Medium Enterprises, Export Credit, Education, Housing, Social Infrastructure, Renewable Energy etc.

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