Understanding Priority Sector Lending – Classification and Targets
It is important to understand about the priority sector for all bank aspirants as you can always expect some questions in the exams and interview. Here is a small FAQ on lending in priority sector. 1. What is meant by Priority Sector? Priority sector refers to those sectors of the economy which may not get timely and adequate credit in the absence of this special dispensation. Typically, these are small value loans to farmers for agriculture and allied activities, micro…
Current Affairs – August 2013
General Awareness (Current Affairs) Updates for August 2013 UPA Chairperson Sonia Gandhi launched Ahimsa Messenger Programme- an initiative to curb violence against women. Ahimsa Messenger is the initiative of the Union Ministry of Women and Child Development to address the violence against women in all forms through a mass movement by creating numerous Ahimsa Messengers in various parts of the country. The Lok Sabha passed the Land Acquisition, Rehabilitation and Resettlement Bill, 2011, also called the Land Acquisition Bill. The aim of the bill…