BANK SBI PO Mock Test Series 2025 (Pre + Mains) Banking and Financial Awareness Priority Sector Lending
Which among the following statements is not correct regarding the Priority Sector Lending Certificates?
1
All PSLCs are valid till March 31st and expire on April 1st
2
The trade summary of PSLC market is available to the participants through the e-Kuber portal
3
A bank can purchase and issue PSLCs as per its requirements
4
The buyer would pay a fee to the seller of the PSLC as determined by the RBI
5
The net position of PSLCs sold and purchased has to be included while reporting the quarterly and annual priority sector returns