Exams › IBPS PO › General Awareness

What percentage of priority lending is allocated to SC/ST categories and women (weaker sections) out of total Adjusted Net Bank Credit?

1. 5%
2. 10%
3. 15%
4. 20%

Correct answer: 10%

Solution

Under priority sector lending norms, weaker sections have a sub-target of 10% of Adjusted Net Bank Credit (ANBC). SC/ST categories and women are included under this weaker sections allocation.

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