What is the target for lending to small and marginal farmers within the target for the agriculture sector by the domestic scheduled commercial bank by March 2017 bank credit or credit equivalent amount of off-balance sheet exposure whichever is higher as per RBI guidelines?

Correct option is B

As per the RBI guidelines, the target for lending to small and marginal farmers within the target for the agriculture sector by domestic scheduled commercial banks by March 2017 is 8% of the adjusted net bank credit (ANBC) or credit equivalent amount of off-balance sheet exposure, whichever is higher. This target is set to ensure that a certain percentage of the total agricultural lending is directed towards small and marginal farmers, who are considered vulnerable and in need of financial support.