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RBI has revised the priority sector lending guidelines for Export Credit. What is the maximum amount of credit limit sanctioned to export unit is eligible to be classified under priority sector?

  • A.Rs 100 million
  • B.Rs 250 million
  • C.Rs 400 million
  • D.Rs 500 million

Answer: C

In order to boost credit to export sector, it has been decided to enhance the sanctioned limit, for classification of export credit under PSL, from Rs 250 million per borrower to Rs 400 million per borrower

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