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.
After issue of demand notice under section 13 (2) of SARFAESI, what is the time limit within which the secured creditor can initiated an action for enfo...
As per ERG theory, which of the following needs had motivated RAM to join ABC Ltd?
What are the factors that may cause NBFCs to restructure or reschedule project loans?
What does BRBNMPL expand for?
The International Financial Services Centres Authority Fund shall be applied for _____________
In six sigma under the define phase, which of the following is used to find the root of a problem?
Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
Expand FETERS
The cost of capital for a firm _______.
Which payment system has facilitated the smooth release of DBT benefits by the Prime Minister to 8.34 crore farmers under the PM-KISAN Scheme?
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