MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

Housing loans (per family) for repair to the damaged dwelling units can be classified as housing loan under priority sector if the loan amount is up to Rs. _____ in metro centres.

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Important Questions on Priority Sector Loans

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 8
A bank provides a loan to a governmental agency for constructing dwelling units, or slum clearance/rehabilitation of slum dwellers is classified as housing loans. Per dwelling unit, the ceiling amount is _____.
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 9
Bank loan for housing projects exclusively for economically weaker section and low income groups where per unit cost does not exceed Rs _______ lac can be classified as housing loans under priority sector.
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 10
Loans up to Rs 50000  per borrower by banks to individuals and their SHG/JLG (where borrower's household annual income does not exceed Rs _____ in rural areas and Rs _____ in other areas, can be classified as part of other priority sector loans.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 11
Loans to distressed persons (other than farmers) up to Rs _____ per borrower to prepay their loans to non­ institutional lenders can be classified as part of other priority sector.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 12
Priority sector loan application should be disposed off in the following time schedule:
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 13
For a priority sector loan up to Rs 25000, which of the following charges can be recovered by a bank:
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 14
Which of the following rules are to be followed by bank for rejecting loan application in priority sector (which one is not correct)?
EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Hand Book Of Banking Information>Chapter 3 - Priority Sector Loans>PRIORITY SECTOR LOANS- OBJECTIVE TYPE QUESTIONS>Q 15
Bank loan for housing projects exclusively for economically weaker section and low income groups where per unit cost does not exceed the prescribed limit, can be classified as housing loans under priority sector. For this purpose the annual family income for LIG should not exceed Rs _______.