📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Under Priority Sector Lending (PSL), what is the current

    target for domestic commercial banks in terms of percentage of Adjusted Net Bank Credit (ANBC)?
    A 20% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 30% Correct Answer Incorrect Answer
    D 40% Correct Answer Incorrect Answer
    E 45% Correct Answer Incorrect Answer

    Solution

    RBI mandates that domestic scheduled commercial banks must lend 40% of ANBC to the priority sector.

    Practice Next
    ask-question