BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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10
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8
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7.5
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18
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Detailed explanation-1: -In simple terms, ANBC is the net banking credit after taking into account bill discounting, non-SLR securities and other exemption via long-term bonds.
Detailed explanation-2: -PSL targets for UCB: Targets for priority sector lending by Primary (Urban) Co-operative Banks (UCBs) Micro Enterprises – 7.5 per cent of ANBC.
Detailed explanation-3: -Different banks have different targets like: Small finance banks: 75% of net credit. Regional rural banks: 75% of net credit. Commercial banks (both public and private): 40% of net credit.
Detailed explanation-4: -Khadi and Village Industries Sector (KVI)-All loans to units in the KVI sector will be eligible for classification under the sub-target of 7.5 percent prescribed for Micro Enterprises under priority sector.