Question
What is NOT Correct about
Priority Sector Lending (PSL)? i. Total PSL target is 40 percent of Adjusted Net Bank Credit or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher. ii. Target for Agriculture loans is 20 percent of Adjusted Net Bank Credit or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher. iii. Small Business, Education Loans, Housing Loans, Micro Credit also comes under PSL iv. Priority Sector Lending Certificates (PSLCs) are a mechanism to enable banks to achieve the priority sector lending target by purchase of these instruments in the event of shortfall.Solution
Target for Agriculture loans is 18 percent of Adjusted Net Bank Credit or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher.
Ustad Bundu Khan is renowned for playing which musical instrument?
Who emphasized that "foreign medium has turned our children into crammers and imitators and has made our children practically foreigners in their own la...
The perpetuity payment is the interest earned by the present value of the perpetuity in one interest period.
Harirhar and Bukka laid the foundation of the Vijayanagar Empire under the influence of?
Money multiplier measures an estimate of the maximum amount of commercial bank money that can be created
Loan repayment by instalment payments is called as -
RBI withdrew the requirement of incremental CRR after the demonetisation in 2016 by using following tool to absorb the excess liquidity in the system �...
RRBs will have a target of _____ of their outstanding advances for priority sector lending and sub-sector targets.
Which financial product was launched by HDFC Bank to cater specifically to India’s gig workers and freelancers?
Where is the Virupaksha temple located?
Relevant for Exams:
