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Which housing segment generally qualifies under Priority Sector Lending norms?

medium Q4 of 15
Banking Awareness - Basics Of Banking & Banking Terminology
Which housing segment generally qualifies under Priority Sector Lending norms?
AAffordable housing
BLuxury apartments
CCommercial complexes
DResort properties
Step-by-Step Solution
  1. Step 1: Identify inclusion objective

    PSL focuses on basic needs like shelter.
  2. Step 2: Match with qualifying housing

    Affordable housing is included under PSL.
  3. Final Answer:

    Affordable housing → Option A
  4. Quick Check:

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