Explanation:

• Karnataka pegged its annual priority sector credit requirement at Rs 2,55,940 Cr for FY 2020-21, up 20%, as compared to previous year’s Rs 2,12,517 Cr.
• As of March 2020, Karnataka has secured 3rd position in India with respect to Mudra loan disbursement.
• Tamil Nadu and Uttar Pradesh secured the first & 2nd spots.