Question
What was the main factor contributing to the moderation
in bank credit growth to 13.9% in June 2024?Solution
The moderation in bank credit growth to 13.9% in June 2024 was primarily due to a decrease in credit growth for the services and personal loan sectors, influenced by a higher base effect and the introduction of higher risk weights on unsecured credit.
What is one of the objectives of improved access to institutional credit in agriculture?
Which state is the largest producer of wheat in 2023-24 (Third Advance Estimate)?
The WINDS system, an instrumental innovation, leverages advanced weather data analytics to provide stakeholders with actionable insights on weather, WIN...
What was the average annual growth rate of the Indian agriculture sector from 2018 to 2023?
Which new scheme is introduced for tribal majority areas and aspirational districts?
What was the budget allocation for the Agriculture Infrastructure Fund (AIF) in 2024-25?
According to the 2023-24 Third Advance Estimate, what is the production of rice in India?
What is the budgetary allocation for the Pradhan Mantri Kisan samman nidhifor the finnancial year 2024-25?
What is the purpose of the mActionSoft mobile-based solution introduced by the Ministry of Panchayati Raj?
What is the focus of the Pradhan Mantri Annadata Aay Sanrakshan Yojna (PM-AASHA)?
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