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Question : Commercial banks lend to which of the following priority sectors?
Option 1: Heavy industries
Option 2: Agriculture and small-scale industries
Option 3: Foreign companies
Option 4: State government in an emergency
Answer (1)
Correct Answer: Agriculture and small-scale industries
Solution : The correct answer is agriculture and small-scale industries .
Agricultural and small-scale business loans are provided by commercial banks. These represent two of India's top priority sectors. Agriculture is the foundation of the Indian economy, while small-scale businesses add significantly to job opportunities and economic growth.
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