In Indian banking regulation, especially in the context of Reserve Bank of India (RBI) norms for priority sector lending, what is the full form of the abbreviation ANBC?

Introduction / Context:
The Reserve Bank of India (RBI) issues guidelines that require banks to lend a certain minimum proportion of their resources to priority sectors such as agriculture, small enterprises and weaker sections. In these guidelines, a technical term ANBC is used as a reference base for calculating targets. Understanding the full form of such abbreviations is important for banking awareness and financial sector questions in competitive exams. This question asks you to expand ANBC correctly.

Given Data / Assumptions:

- The abbreviation in focus is ANBC.- The context is RBI norms, especially priority sector lending.- Several similar sounding expansions are provided as options.- We assume basic familiarity with banking regulation terminology.

Concept / Approach:
ANBC stands for Adjusted Net Bank Credit. It is used by the RBI as a base to determine what proportion of a bank's lending should go to priority sectors. ANBC is derived from a bank's net bank credit, adjusted for certain items like bills rediscounted and some off balance sheet exposures. Because multiple words such as adjusted, average, aggregate and credit or capital can appear in similar acronyms, it is important to remember the exact phrase. Among the given options, Adjusted Net Bank Credit is the correct and widely accepted expansion in RBI documents.

Step-by-Step Solution:
1. Focus on the context: RBI uses ANBC for setting priority sector lending targets for banks.2. Recall that this base is a measure of bank credit, not capital or borrowing capacity, so the phrase must contain bank credit.3. Note that the word adjusted is crucial because RBI modifies the raw net bank credit figure to account for various items.4. Eliminate options that use national bank capital or annual net borrowing, because they do not reflect this specific credit measure.5. Select Adjusted Net Bank Credit as the expansion that accurately matches RBI usage.

Verification / Alternative check:
RBI circulars and priority sector lending guidelines explicitly define ANBC as Adjusted Net Bank Credit. They describe how to compute it by starting from net bank credit and making particular adjustments. Banking exam preparation books reproduce this definition when explaining how banks should calculate targets for sectors like agriculture and micro enterprises. These consistent references confirm that Adjusted Net Bank Credit is the correct full form of ANBC.

Why Other Options Are Wrong:
- Average Net Bank Credit: average suggests a time based mean, which is not the specific concept used by RBI for ANBC.- Aggregate Net Bank Credit: aggregate could refer to total credit, but the RBI term emphasises adjusted net figures, not aggregate.- Adjusted National Bank Capital: changes credit to capital and introduces national, which are not part of the RBI definition.- Annual Net Borrowing Capacity: refers to borrowing, not bank credit, and does not match the technical usage in RBI guidelines.

Common Pitfalls:
Because several banking abbreviations sound similar and mix words like adjusted, aggregate, net, credit and capital, students often pick an option that seems familiar without paying attention to context. Another pitfall is to confuse ANBC with terms related to capital adequacy or borrowing, which have their own acronyms. To avoid confusion, remember the specific association: ANBC equals Adjusted Net Bank Credit and is used to compute priority sector lending targets. Keeping this clear in your mind ensures that you will correctly identify the full form in exam questions.

Final Answer:
In RBI terminology, ANBC stands for Adjusted Net Bank Credit.