CAIIB · RB · Chapter 14

Priority Sector Lending

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Rural Banking (Elective) — CAIIB.

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Q

1969 — Committee / Key Recommendation?

A

Committee: Gadgil Study Group; Key Recommendation: Concept of priority sector + Lead Bank Scheme

Q

1971 — Committee / Key Recommendation?

A

Committee: Informal Study Group on Statistics; Key Recommendation: Standard reporting / categorization

Q

1972 — Committee / Key Recommendation?

A

Committee: Krishnaswamy Working Group; Key Recommendation: 40% PSL target endorsed

Q

2005 — Committee / Key Recommendation?

A

Committee: C.S. Murthy Internal Group; Key Recommendation: Inclusion of new categories (housing, education)

Q

Aug 2011 — Committee / Key Recommendation?

A

Committee: M.V. Nair Committee; Key Recommendation: Revised PSL classification — guidelines issued 20 July 2012

Q

Jun 2019 — Committee / Key Recommendation?

A

Committee: U.K. Sinha Expert Committee on MSME; Key Recommendation: Revival framework + PSL refinements for MSME

Q

2019 — Committee / Key Recommendation?

A

Committee: M.K. Jain IWG on Agri Credit; Key Recommendation: KCC, FPO, SMF refinements

Q

Sept 2020 — Committee / Key Recommendation?

A

Committee: RBI Master Direction (4 Sept 2020); Key Recommendation: Comprehensive consolidation in force today

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