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      Question

      What is the minimum exposure of any foreign bank in

      India(> 20 branches) for the microenterprises under Priority Sector Lending ?
      A 10% of ANBC Correct Answer Incorrect Answer
      B 20% of ANBC Correct Answer Incorrect Answer
      C 18% of ANBC Correct Answer Incorrect Answer
      D 7.5% of ANBC Correct Answer Incorrect Answer
      E 40% of ANBC Correct Answer Incorrect Answer

      Solution

      Adjusted Net Bank Credit (ANBC) – It is the net bank credit plus investments made by banks in non-SLR bonds held in the held-to-maturity category or credit equivalent amount of off-balance-sheet exposure, whichever is higher.

      The targets and sub-targets for banks under priority sector are as follows: Priority Sector includes the following categories: (i) Agriculture
      (ii) Micro, Small and Medium Enterprises
      (iii) Export Credit
      (iv) Education
      (v) Housing
      (vi) Social Infrastructure
      (vii) Renewable Energy
      (viii) Others

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