BANK SIDBI Grade A (General) Phase I Mock Test 2024 Finance Financial Institutions Non-Banking Financial Institutions
Consider the following statements regarding Priority Sector Lending (PSL) by NBFCs:
1. NBFCs are required to allocate 40% of their adjusted net bank credit (ANBC) to priority sectors.
2. Loans to micro and small enterprises (MSEs) are a mandatory sub-target under PSL.
3. Agriculture and allied activities are excluded from the priority sector classification for NBFCs.
1
1 and 2 only
2
3 only
3
1 and 3 only
4
2 and 3 only
5
None of the above