Answer-What is the minimum exposure of any foreign bank in India(> 20 branches) for the microenterprises...

Q: Answer-What is the minimum exposure of any foreign bank in India(&gt; 20 branches) for the microenterprises...

Adjusted Net Bank Credit ANBC ndash 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 Agricultureii Micro, Small and Medium Enterprisesiii Export Creditiv Educationv Housingvi Social Infrastructurevii Renewable Energyviii Others

Home
/Questions
/Agriculture
/Agri economics
/What is the minimum exposure of any foreign bank in India(> 20 bran...

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 Incorrect

B 20% of ANBC Correct Incorrect

C 18% of ANBC Correct Incorrect

D 7.5% of ANBC Correct Incorrect

E 40% of ANBC Correct Incorrect

Detailed 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

Practice Next

More Agri economics Questions

The main objective of blanching is/are:
Mist chamber is used
The marginal product of a factor input initially rises with its employment level, but after reaching a certain level of employment, it starts falling. This...
Which amongst the following is a commonly used method for determining soil moisture constant under laboratory conditions?
Which of the following is a type of macro-pore in soil?
Why do some plants exhibit protandry?
Water required to meet the demands of evapotranspiration (ET) and the metabolic activities of the plants together known as
In rice the Akiochi disease is caused due to the toxicity of ____
Foliar application of the following improves the grain yield in blackgram during flowering stage
Alternaria blight disease can be effectively controlled by