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Which housing category generally qualifies under Priority Sector Lending?

medium Q14 of 15
Banking Awareness - Basics Of Banking & Banking Terminology
Which housing category generally qualifies under Priority Sector Lending?
ALuxury villas
BHoliday homes
CCommercial malls
DAffordable housing
Step-by-Step Solution
  1. Step 1: Identify inclusion objective

    PSL targets basic housing needs.
  2. Step 2: Match with qualifying category

    Affordable housing supports low- and middle-income groups.
  3. Final Answer:

    Affordable housing → Option D
  4. Quick Check:

    Basic housing aligns with PSL goals ✅
Quick Trick: Basic shelter = Affordable housing.
Common Mistakes:
  • Selecting luxury or commercial projects.
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