Financial Awareness - Risk, Stability & Emerging Finance
As per RBI guidelines, what is the sub-target percentage of Priority Sector Lending that banks must allocate specifically to Micro Enterprises?
As per RBI guidelines, what is the sub-target percentage of Priority Sector Lending that banks must allocate specifically to Micro Enterprises?
medium Q15 of 15
Step-by-Step Solution
Step 1: Identify the sub-target concept
RBI prescribes specific sub-targets within Priority Sector Lending to ensure focused credit flow.Step 2: Recall the correct RBI sub-target
The mandated sub-target for Micro Enterprises is 7.5% of Adjusted Net Bank Credit.Final Answer:
7.5% → Option DQuick Check:
Micro Enterprises PSL sub-target = 7.5% of ANBC ✅
Quick Trick: Micro Enterprises = 7.5% sub-target under PSL.
Common Mistakes:
- Confusing Micro Enterprises sub-target with MSME or agriculture sub-targets.
Master "Risk, Stability & Emerging Finance" in Financial Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Financial Awareness Quizzes