BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Many a time we read about the priority sector in newspapers. Which of the following is/are considered segment(s) of Priority Sector in India? [Punjab & Sindh 2011]
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Only 1
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Only 2
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Only 3
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None of these
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Explanation:
Detailed explanation-1: -Within the 18 per cent target for agriculture, a target of 8 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher is prescribed for Small and Marginal Farmers. 18 per cent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher.
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