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  • Question
  • By what percent does the bank credit grows for the financial year 2018-19, as per the Reserve Bank of India(RBI)?


  • Options
  • A. 12.24%
  • B. 12.54%
  • C. 13.24%
  • D. 13.54%

  • Correct Answer
  • 13.24% 

    Explanation
    According to Reserve Bank of India data, the bank credit grew by 13.24 percent in financial year 2019 (FY19) to Rs 97.67 lakh crore as compared to 10.3 percent in FY18 and the deposits up by 10.03 percent in FY19 to Rs 125.72 lakh crore as compare to 6.7 percent in FY18. Additional Information According to the data available till February 2019, the credit growth in service sector was 23.7 percent and in retail sector it was 16.7 percent. Overall credit growth in the industry sector was 5.6%.

  • More questions

    • 1. Arjuna Award winner Raghbir Singh Bhola passed away recently. He belongs to which of the following sport?

    • Options
    • A. Cricket
    • B. Hockey
    • C. Tennis
    • D. Basket Ball
    • Discuss
    • 2. Who gets an approval from the Securities and Exchange Board of India (SEBI) for Stock Broking?

    • Options
    • A. GPay
    • B. PhonePe
    • C. Paytm Money
    • D. MobiKwik
    • Discuss
    • 3. India ranks __________ in Index of Cancer Preparedness.

    • Options
    • A. 19th
    • B. 22nd
    • C. 28th
    • D. 31st
    • Discuss
    • 4. Which nation has decided to end sanctions waivers for all importers of Iranian oil?

    • Options
    • A. Russia
    • B. United Kingdom
    • C. United States
    • D. France
    • Discuss
    • 5. Laurentino "Nito" Cortizo emerged as the President of which of the following country?

    • Options
    • A. Panama
    • B. Cuba
    • C. Belize
    • D. Paraguay
    • Discuss
    • 6. Which country joined with India to produce film on the life of Mujibur Rahman?

    • Options
    • A. Bangladesh
    • B. Pakistan
    • C. Saudi Arabia
    • D. Indonesia
    • Discuss
    • 7. Which ministry launched the Talent Hunt for artists and give them a platform to showcase their talent on the national stage?

    • Options
    • A. Minister of Environment and climate change
    • B. Ministry of culture and tourism
    • C. Ministry of Skill Development and Entrepreneurship
    • D. Ministry of Labour and Employment
    • Discuss
    • 8. The book "Between Two Worlds" - "The Assamese Sikhs" has been authored by whom?

    • Options
    • A. Amrit Lal Nagar
    • B. Aga Shahid Ali
    • C. Abhijit Bhaduri
    • D. Bimal Phukan
    • Discuss
    • 9. The book "The Island of Lost Girls" has been authored by whom?

    • Options
    • A. Kiran Doshi
    • B. Anil Menon
    • C. Manjula Padmanabhan
    • D. Hansda Sowendra Shekhar
    • Discuss
    • 10. The Scientist from this Institute have developed world's Thinnest Material by making usage of Magnesium Diboride.

    • Options
    • A. IIT Indore
    • B. IIT-Guwahati
    • C. IIT Gandhinagar
    • D. IIT Bhubaneswar
    • Discuss


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