Question

    As per the RBI Annual report 2023-24, as of March 31,

    2024, what  was the  Priority Sector Lending (PSL) achievement  of  Scheduled  Commercial  Banks  (SCBs)?
    A 35.0% of adjusted net bank credit Correct Answer Incorrect Answer
    B 40.0% of adjusted net bank credit Correct Answer Incorrect Answer
    C 45.1% of adjusted net bank credit Correct Answer Incorrect Answer
    D 50.0% of adjusted net bank credit Correct Answer Incorrect Answer
    E 55.2% of adjusted net bank credit Correct Answer Incorrect Answer

    Solution

    Explanation: SCBs’ Priority Sector Lending (PSL) stood at 45.1% of adjusted net bank credit (ANBC) as of March 31, 2024.

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