ANBC is the net bank credit plus investments made by banks in non-SLR bonds held in the held-tomaturity category or credit equivalent amount of off-balance-sheet exposure, whichever is higher. What does ‘C’ stand-in ANBC?
This questions was previously asked in
IBPS Clerk Mains (28 Feb, 2021 Shift 1)
Category
Incorrect AnswerCommerce
Incorrect AnswerNone of the above
Incorrect AnswerExplanation:
- ANBC stands for Adjusted Net Bank Credit.
- It is a measure that banks use to evaluate their total credit exposure.
- The 'C' in ANBC stands for Credit.
- Option 1: Credit - This option is correct because ANBC includes net bank credit.
- Option 2: Cash - This option is incorrect as ANBC is not related to cash elements directly.
- Option 3: Category - This option is incorrect. 'Category' doesn't fit ANBC's context.
- Option 4: Commerce - This option is incorrect. ANBC is not related to commerce specifically.
- Option 5: None of the above - This option is incorrect since Option 1 is correct.
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By: Parvesh Mehta