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Which housing loans are excluded from Priority Sector Lending coverage?

hard Q10 of 15
Banking Awareness - Basics Of Banking & Banking Terminology
Which housing loans are excluded from Priority Sector Lending coverage?
ALow-cost housing loans
BRural housing loans
CGovernment-supported housing loans
DLuxury housing loans
Step-by-Step Solution

  1. Step 1: Identify exclusion criteria

    PSL avoids luxury and non-essential segments.

  2. Step 2: Match with non-qualifying loan

    Luxury housing loans do not support inclusive growth.

  3. Final Answer:

    Luxury housing loans → Option D

  4. Quick Check:

    Luxury ≠ Priority sector ✅
Quick Trick: Luxury housing is never PSL.
Common Mistakes:
  • Including all housing under PSL.
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