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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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