Question

    What is the sub-target for lending to Small and Marginal

    Farmers (SMFs) under priority sector lending (PSL) norms as revised in March 2025 ?
    A 7% of ANBC or CEOBE Correct Answer Incorrect Answer
    B 7.5% of ANBC or CEOBE Correct Answer Incorrect Answer
    C 8% of ANBC or CEOBE Correct Answer Incorrect Answer
    D 10% of ANBC or CEOBE Correct Answer Incorrect Answer
    E 12% of ANBC or CEOBE Correct Answer Incorrect Answer

    Solution

    In March 2025, RBI issued the Priority Sector Lending (PSL) guidelines that states that total PSL target for domestic banks is 40% of ANBC or CEOBSE, whichever is higher.   Of this, the sub-target for agriculture is 18 % of ANBC or CEOBSE, whichever is higher. Within this target, 14% is prescribed for Non-Corporate Farmers (NCFs), out of which a target of 10% is prescribed for small and marginal farmers ( SMFs ) .  

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