THE BANKING UPDATES QUIZ 4/23-24 PSL GUIDELINES

1. What is the Priority Sector lending targets for Foreign banks with less than 20 branches?

• 40 per cent of ANBC or CEOBE whichever is higher
• 32 per cent of ANBC or CEOBE whichever is higher
• Out of the PSL target, up to 32% can be in the form of lending to Exports
• A & C

2. Within the Priority Sector lending target, what is the sub target for small and marginal farmers for FY 2023-24 in percentage of ANBC or CBOE whichever is higher for domestic Banks?

• 9 percent
• 9.50 percent
• 10 percent
• 8 percent

3. Within the Priority Sector lending target, what is the sub target for Weaker Sections for FY 2023-24 in percentage of ANBC or CBOE whichever is higher for domestic Banks?

• 10 percent
• 12 percent
• 11.50 percent
• 11 percent

4. Which of the following forms a part of ANBC for computation of Priority Sector Lending target and achievement (Other than UCBs)?

• Bills Rediscounted with RBI and other approved Financial Institutions
• Bonds/debentures in Non-SLR categories under HTM category
• Advances extended in India against the incremental FCNR (B)/NRE deposits, qualifying for exemption from CRR/SLR requirements
• Investments made by public sector banks in the Recapitalization Bonds floated by Government of India

5.Loans against pledge/hypothecation of agricultural produce (including warehouse receipts) for a period not exceeding 12 months subject to a limit up to ₹….........against Warehouse receipts other than Negotiable Warehouse Receipts may be classified under Farm Credit.

• ₹50 lakhs
• ₹75 lakhs
• ₹40 lakhs
• ₹60 lakhs

6. Loans up to ₹______ to co-operative societies of farmers for purchase of the produce of members can be classified as Ancillary Agriculture activity under Priority Sector?

• Rs.1.00 cr
• Rs.50.00 Lakhs
• Rs.2.00 crs
• Rs.5.00 crs

7.For the purpose of computation of achievement of the sub-target, Small and Marginal Farmers will include the following except_______

• Farmers with landholding of up to 1 hectare (Marginal Farmers) and Farmers with a landholding of more than 1 hectare and up to 2 hectares (Small Farmers).
• Landless agricultural labourers, tenant farmers, oral lessees and share-croppers whose share of landholding is within the limits prescribed for SMFs.
• Loans to SHGs or JLGs of individual SMFs directly engaged in Agriculture and Allied Activities
• None of these are exceptions

8. Credit outstanding under General Credit Cards (including Artisan Credit Card, Laghu Udyami Card, Swarojgar Credit Card and Weaver’s Card etc. in existence and catering to the non-farm entrepreneurial credit needs of individuals), shall be classified under _____________ as per PSL guidelines

• Other Priority Sector Lending
• Micro Credit
• Other Finance to MSMEs
• All of these

9. What is the target for export credit for foreign Banks with 20 or more Branches in India under Priority Sector Lending?

• Incremental export credit over corresponding date of the preceding year, up to 2 per cent of ANBC or CEOBE whichever is higher, subject to a sanctioned limit of up to ₹ 40 crore per borrower.
• Incremental export credit over corresponding date of the preceding year, up to 2 percent of ANBC or CEOBE whichever is higher.
• Export credit up to 32 per cent of ANBC or CEOBE whichever is higher.
• Incremental export credit over corresponding date of the preceding year, up to 2 per cent of ANBC or CEOBE whichever is higher, subject to a sanctioned limit of up to ₹ 32 crore per borrower.

10.Loans to individuals for educational purposes, including vocational courses, not exceeding ₹ ________ will be considered as eligible for priority sector classification. Loans currently classified as priority sector.

• Rs.20.00 Lakh
• Rs.10.00 Lakh
• Rs.10 Lakh for studies in India and Rs.20 Lakh for studies abroad
• Rs.50.00 Lakh