Question

Currently, banks are required to make ____ per cent of

Q: Answer-Currently, banks are required to make ____ per cent of their total lending towards priority sectors

Currently, 8 sectors are eligible to get lending under the PSL mechanism including agriculture, MSMEs, export credit, housing, education, renewables, and social infrastructure sectors. Also, it will help banks to meet their PSL targets. Currently, banks are required to make 40 per cent of their total lending towards priority sectors.

their total lending towards priority sectors

A 10%

B 20%

C 25%

D 35%

E 40%

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NABARD Development Assistant

Currently, banks are required to make ____ per cent of

Solution

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