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    Question

    Under Priority sector lending, the sub-target for

    domestic scheduled commercial banks, to lend to micro enterprises is ______
    A 5% of ANBC Correct Answer Incorrect Answer
    B 5% of NDTL Correct Answer Incorrect Answer
    C 7.5% of ANBC Correct Answer Incorrect Answer
    D 7.5% of NDTL Correct Answer Incorrect Answer
    E 10% of ANBC Correct Answer Incorrect Answer

    Solution

    As per the priority sector lending guidelines, domestic scheduled commercial banks, regional rural banks, small finance banks and primary urban cooperative banks, have to lend 7.5% of ANBC or CEOBE, whichever is higher to micro enterprises. (ANBC = Adjusted Net Bank Credit; CEOBE = Credit Equivalent of Off Balance Sheet Exposure) 

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