GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the stipulated share of the priority sector in the net bank credit?
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20 %
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30 %
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40 %
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50 %
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Explanation:
Detailed explanation-1: -The priority sector lending (PSL) for scheduled commercial banks (SCBs) stood at 42.8 per cent as on March 31, 2022. All bank groups achieved the prescribed PSL target of 40 per cent during 2021-22[2].
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