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    Question

    As per RBI rules, what is the Priority Sector Lending

    (PSL) target that Urban Cooperative Banks (UCBs) must achieve?
    A 40% Correct Answer Incorrect Answer
    B 50% Correct Answer Incorrect Answer
    C 55% Correct Answer Incorrect Answer
    D 60% Correct Answer Incorrect Answer
    E 75% Correct Answer Incorrect Answer

    Solution

    UCBs are required to lend 60% of Adjusted Net Bank Credit (ANBC) to priority sectors like agriculture and MSMEs. Commercial banks have a 40% target, while RRBs have 75%.

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