Multiple choice

What is the limit for social infrastructure loans under priority sector?

  1. Rs. 50 lakh

  2. Rs. 1 crore

  3. Rs. 5 crore

  4. Rs. 10 crore

  5. Rs. 20 crore

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Bank loans up to a limit of Rs. 5 crore per borrower for building social infrastructure for activities, namely schools, health care facilities, drinking water facilities and sanitation facilities (including loans for construction/refurbishment of toilets and improvement in water facilities in the household), in Tier II to Tier VI centres are eligible for classification under priority sector.