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Which type of loan is included under Priority Sector Lending to promote human capital development?

easy Q13 of 15
Banking Awareness - Basics Of Banking & Banking Terminology
Which type of loan is included under Priority Sector Lending to promote human capital development?
APersonal luxury loans
BVehicle loans
CEducation loans
DSpeculative investments
Step-by-Step Solution
  1. Step 1: Identify development focus

    Human capital development improves skills and productivity.
  2. Step 2: Match with PSL inclusion

    Education loans are included to support higher studies.
  3. Final Answer:

    Education loans → Option C
  4. Quick Check:

    Education builds skills—PSL supports it ✅
Quick Trick: Skills & studies = Education (PSL).
Common Mistakes:
  • Choosing consumption or speculative options.
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