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    Question

    What was the gap in credit and deposit growth in Indian

    banks as of September 6, 2024, according to RBI’s State of the Economy report?
    A 100 basis points Correct Answer Incorrect Answer
    B 200 basis points Correct Answer Incorrect Answer
    C 300 basis points Correct Answer Incorrect Answer
    D 400 basis points Correct Answer Incorrect Answer
    E 500 basis points Correct Answer Incorrect Answer

    Solution

    According to RBI’s State of the Economy report, the gap between credit and deposit growth in Indian banks stood at 200 basis points as of September 6, 2024. This indicates a faster growth in credit compared to deposits.

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