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    Question

    What was the annual growth rate of bank credit to the

    realty sector in July 2023, according to the latest data from the Reserve Bank of India?
    A 12% Correct Answer Incorrect Answer
    B 24% Correct Answer Incorrect Answer
    C 38% Correct Answer Incorrect Answer
    D 50% Correct Answer Incorrect Answer
    E 62% Correct Answer Incorrect Answer

    Solution

    Bank credit to the realty sector, including housing and commercial real estate, witnessed nearly 38% annual growth in July. This means that the correct answer is option C, as the annual growth rate was 38%.

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