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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. Afghanistan formally launched shipping goods to India, through which of the Iran's port?

    • Options
    • A. Chabahar Port
    • B. Khorramshahr Port
    • C. Imam Khomeini Port
    • D. Amirabad Port
    • Discuss
    • 2. Which organization in collaboration with Yes Bank has released the report titled "India Inbound Tourism: Unlocking the Opportunity" indicating that India's MICE tourism grow by 8% a year?

    • Options
    • A. NASSCOM
    • B. Institute of Chartered Accountants of India
    • C. Confederation of Indian Industry(CII)
    • D. Federation of Indian Chambers & Industry (FICCI)
    • Discuss
    • 3. Name the Organisation, which has recently released the 2019 Global Food Policy Report (GFPR).

    • Options
    • A. International Food Policy Research Institute (IFPRI)
    • B. Food and Agriculture Organization(FAO)
    • C. International Crops Research Institute for the Semi-Arid Tropics
    • D. World Food Programme
    • Discuss
    • 4. Which union ministry has launched nation-wide training programme for Elected Women representatives (EWRs) of Panchayats?

    • Options
    • A. Ministry of Home Affairs
    • B. Ministry of Human Resource Development
    • C. Ministry of Women and Child Development
    • D. Ministry of Tribal Affairs
    • Discuss
    • 5. According to Asian Development Outlook report, India's Growth Rate in 2019 is __________.

    • Options
    • A. 7.2 %
    • B. 7.4 %
    • C. 7.5 %
    • D. 6.9 %
    • Discuss
    • 6. When was International Day for Achievers (IDA) observed?

    • Options
    • A. 21nd March
    • B. 22nd March
    • C. 23rd March
    • D. 24th March
    • Discuss
    • 7. Shri Pranab Mukherjee inaugurated an exhibition of artworks at Academy of Fine Arts in _____________.

    • Options
    • A. Chennai
    • B. Bangalore
    • C. Kolkata
    • D. Mumbai
    • Discuss
    • 8. Who is the author of the book "So You Want to Know About the Environment"?

    • Options
    • A. Bijal Vachharajani
    • B. Roopa Pai
    • C. Rachel Ignotofsky
    • D. Sumana Roy
    • Discuss
    • 9. The Union Government formally transferred ownership of Indu Mills land to this State Government for the construction of Ambedkar Memorial.

    • Options
    • A. Maharashtra
    • B. Gujarat
    • C. Uttar Pradesh
    • D. Chattisgarh
    • Discuss
    • 10. Indian Naval Air Station Shibpur will be commissioned as this __________.

    • Options
    • A. INS Kohasa
    • B. INS Utkrosh
    • C. INS Shikra
    • D. INS Garuda
    • Discuss


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