General Studies · Priority Sector Lending
As per the RBI Priority Sector Lending (PSL) guidelines, what is the mandated target for lending to Small and Marginal Farmers (SMFs) as a percentage of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBSE)?
- 160% of ANBC or CEOBSE
- 240% of ANBC or CEOBSE
- 318% of ANBC or CEOBSE
- 410% of ANBC or CEOBSE✓
Correct answer
10% of ANBC or CEOBSE
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