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IBPS RRB Officer Scale 1 Priority Sector Lending — practice questions — page 2

Explore 41 free Priority Sector Lending questions in IBPS RRB Officer Scale 1 Banking Awareness. Open each question or exercise to read its content, reference answers and available explanation.

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Priority Sector Lending questions and exercises with answers

Showing questions 31–41 of 41.

An overdraft to a PMJDY account holder may be classed under:Read the answer and worked solution →In which state is the minority clause read to exclude the majority group?Read the answer and worked solution →The 2025 Priority Sector Lending Directions came into effect on:Read the answer and worked solution →Match each target to its numberRead the answer and worked solution →Sort each figure by the target it setsRead the answer and worked solution →True or false about priority sector rulesRead the answer and worked solution →Is it a priority sector category?Read the answer and worked solution →Fill the gaps in the lending targetsRead the answer and worked solution →Spot the one that does not fitRead the answer and worked solution →Pick the right answer, quicklyRead the answer and worked solution →Order the steps of a shortfallRead the answer and worked solution →

Worked practice questions

An overdraft to a PMJDY account holder may be classed under:

  1. Rural housing
  2. Weaker sections
  3. Export credit
  4. Social welfare
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Correct answer: B. Weaker sections

1. PMJDY overdrafts are subject to limits set by the ministry. 2. The Directions place them in an overlapping category. 3. They count as loans to weaker sections. _Source: RBI Master Directions, Priority Sector Lending (Targets and Classification) Directions, 2025_

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In which state is the minority clause read to exclude the majority group?

  1. Odisha
  2. Tripura
  3. Punjab
  4. Kerala
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Correct answer: C. Punjab

1. In some states a notified minority is locally the majority. 2. There the clause covers only the other notified minorities. 3. Punjab is one of the states named. _Source: RBI Master Directions, Priority Sector Lending (Targets and Classification) Directions, 2025_

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The 2025 Priority Sector Lending Directions came into effect on:

  1. April 01, 2020
  2. March 24, 2020
  3. March 24, 2015
  4. April 01, 2025
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Correct answer: D. April 01, 2025

1. The Directions were issued in March 2025. 2. They superseded the 2020 Directions on the subject. 3. They took effect on April 01, 2025. _Source: RBI Master Directions, Priority Sector Lending (Targets and Classification) Directions, 2025_

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