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    Question

    What is the minimum percentage of Priority Sector

    Lending (PSL) required for domestic banks in India?
    A 18% Correct Answer Incorrect Answer
    B 24% Correct Answer Incorrect Answer
    C 32% Correct Answer Incorrect Answer
    D 40% Correct Answer Incorrect Answer
    E 50% Correct Answer Incorrect Answer

    Solution

    Domestic banks in India are required to allocate at least 40% of their adjusted net bank credit (ANBC) or credit equivalent amount of offbalance sheet exposure to Priority Sector Lending (PSL), which includes agriculture, MSMEs, and other sectors.

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