2013 GS Paper I, all questions
UPSC Prelims 2013 · GS Paper I
Question 76: Economy and Social Development
Priority Sector Lending by banks in India constitutes the lending to
aagriculture
bmicro and small enterprises
cweaker sections
dAll of the above
AnswerUPSC’s answer is (d).
Priority sector lending requires banks to lend a prescribed share of their credit to sectors that might otherwise get too little. The priority sector includes agriculture, micro and small enterprises and weaker sections, along with other categories such as education and housing. All three named sectors are covered, so the answer is all of the above.
Why each option is right or wrong
- (a) Wrong. Agriculture is covered, but so are the other two.
- (b) Wrong. Micro and small enterprises are covered, but so are the others.
- (c) Wrong. Weaker sections are covered, but so are the others.
- (d) Correct. All three are priority sectors.
Answer: UPSC’s key. Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2013, General Studies Paper I, Series A. The paper on upsc.gov.in.