Question

For the public and private sector banks, _____ % of the Net Bank Credit (NBC) is earmarked for the priority sector.

• A. 20
• B. 10
• C. 40
• D. 30

Answer 1

Answer: (C)

40

Technical definition of Adjusted Net Bank Credit (ANBC) is: It is the net bank credit plus investments made by banks in non-SLR bonds held in the held-to-maturity category or credit equivalent amount of off-balance-sheet exposure, whichever is high.