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Current Affairs - 2019
According to Reserve Bank of India, bank credit rose to __________ percent for the fortnight to March 29?
A)
9.24%
B)
11.27%
C)
12.32%
D)
13.24%

Correct Answer :   13.24%


According to the data of Reserve Bank of India, which was released on 11th April, 2019, bank credit rose 13.24% to Rs 97.67 lakh crore for the fortnight to March 29.This is the second consecutive robust credit growth after the same had declined to 4.54 percent in FY17 at Rs 78.41 lakh crore, which was the lowest since 5 decades.Deposits have grown by 10.03 percent to Rs 125.72 lakh crore during the same period.

Published On : July 11, 2021
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