economics hard MCQ

What is the specific sub-target for lending to the Agriculture sector under the Priority Sector Lending (PSL) guidelines for domestic banks?

  1. 10%
  2. 18%
  3. 25%
  4. 32%

Answer: 18%

Within the overall 40% PSL target, banks must allocate at least 18% of ANBC specifically to agriculture. Furthermore, 10% of ANBC must be directed towards small and marginal farmers, ensuring that the most vulnerable agrarian sections receive adequate institutional credit.

Topic Banking - PSL
Exam Relevance Banking, UPSC Prelims, SSC
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