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      Question

      Which committee first recommended that PSL should have

      a 40% target of ANBC by 1985 with sub-targets for agriculture and weaker sections? ย 
      A Gadgil Committee (1969) Correct Answer Incorrect Answer
      B Nariman Committee (1969) Correct Answer Incorrect Answer
      C Krishnaswamy Committee (1980) Correct Answer Incorrect Answer
      D Usha Thorat Committee (2009) Correct Answer Incorrect Answer
      E Informal Study Group of RBI (1971) Correct Answer Incorrect Answer

      Solution

      Explanation: The Krishnaswamy Committee set the formal target: banks to achieve 40% PSL by 1985 , with clear sub-targets (notably agriculture and weaker sections). This structured approach institutionalized PSL targets. ย 

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