New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    What is the minimum exposure of any foreign bank in India(> 20 branches) for the microenterprises under Priority Sector Lending ?

    A 10% of ANBC Correct Answer Incorrect Answer
    B 20% of ANBC Correct Answer Incorrect Answer
    C 18% of ANBC Correct Answer Incorrect Answer
    D 7.5% of ANBC Correct Answer Incorrect Answer
    E 40% of ANBC Correct Answer Incorrect Answer

    Solution

    Adjusted Net Bank Credit (ANBC) – It is the net bank credit plus investments made by banks in non-SLR bonds held in the held-to-maturity category or credit equivalent amount of off-balance-sheet exposure, whichever is higher.

    The targets and sub-targets for banks under priority sector are as follows: Priority Sector includes the following categories: (i) Agriculture
    (ii) Micro, Small and Medium Enterprises
    (iii) Export Credit
    (iv) Education
    (v) Housing
    (vi) Social Infrastructure
    (vii) Renewable Energy
    (viii) Others

    Practice Next

    Relevant for Exams: