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Which sector is given priority by banks to support food security and rural livelihoods?

easy Q11 of 15
Banking Awareness - Basics Of Banking & Banking Terminology
Which sector is given priority by banks to support food security and rural livelihoods?
AAgriculture
BEntertainment
CLuxury real estate
DSpeculative trading
Step-by-Step Solution
  1. Step 1: Identify the development objective

    Priority lending targets essential and inclusive sectors.
  2. Step 2: Match with core priority areas

    Agriculture supports food production and rural income.
  3. Final Answer:

    Agriculture → Option A
  4. Quick Check:

    Food security and rural support align with PSL ✅
Quick Trick: Food + farmers = Agriculture (PSL).
Common Mistakes:
  • Choosing non-essential or speculative sectors.
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