What is the record-high bank credit outstanding to real estate in India in July 2023?

Question

What is the record-high bank credit outstanding to real estate in India in July 2023?

A. Rs 32 trillion

B. Rs 22 trillion

C. Rs 35 trillion

D. Rs 28 trillion

The Reserve Bank of India (RBI) data showed that bank credit outstanding to real estate in India reached an all-time high of Rs 28 trillion in July 2023. This was driven by both housing and commercial real estate segments, with annual increases of approximately 37.4% and 38.1%, respectively.

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Which district from Tamil Nadu set a new world record by constructing 1546 farm ponds in just 30 days as part of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)?

A. Salem

B. Coimbatore

C. Tirupathur

D. Vellore

What is the record-high bank credit outstanding to real estate in India in July 2023?

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Show all Current Affairs September 2023 MCQ

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