Priority Sector Lending by banks in India constitutes the lending to
- Micro and small enterprises
- Weaker section
- All of the above
Priority Sector Lending is an important role given by the Reserve Bank of India (RBI) to the banks for providing a specified portion of the bank lending to few specific sectors like agriculture or small scale industries. This is essentially meant for an all round development of the economy as opposed to focusing only on the financial sector.
The correct option is D.