What was the reason for the State Bank of India (SBI) achieving its highest-ever quarterly profit in Q1 2023-24?
Increased digital acquisitions
Strong credit growth in the agricultural sector
Improved asset quality and higher interest income
Successful revival of the IPO plan
Correct Answer :
C. Improved asset quality and higher interest income
SBI's highest-ever quarterly profit was attributed to improved asset quality and increased interest income. Despite SBI's remarkable results, its shares declined by nearly 3% due to some sequential indicators showing slight deterioration, including margins and net interest income.
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Which of the following states has been recognized as the best state in the Smart Cities Mission?
Maharashtra
Gujarat
Madhya Pradesh
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When is the International Day of the Victims of Enforced Disappearances observed?
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Kenya Shipyards Limited (KSL)
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Kenya Coast Guard (KCG)
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2,454.1 km
4,354.1 km
3,254.1 km
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Amitav Ghosh
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400
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New Delhi, Delhi
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Higher risk of criminal behaviour
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