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The overall Priority Sector Lending target is what percent of ANBC?

A18%
B40%
C25%
D60%
Answer & Solution
Correct answer: B. 40%
1. The question asks: The overall Priority Sector Lending target is what percent of ANBC. 2. Correct answer: 40%. 3. Banks must lend 40% of Adjusted Net Bank Credit to priority sectors. _Source: BOI Quick Revision — General Banking & Financial Awareness (2020), PSL_
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