Current Affairs · Banking Credit
The RBI highlighted concerns about the slowdown in export credit growth. Consider the following statements: 1. Export credit growth has decelerated despite overall credit growth in the economy remaining strong. 2. One reason for the slowdown is reduced demand from global markets and tighter financial conditions. 3. RBI has advised banks to improve credit flow to exporters, especially MSMEs. Which of the statements given above is/are correct?
- 11, 2, and 3✓
- 2Only 1 and 2
- 3Only 2 and 3
- 4Only 1
Correct answer
1, 2, and 3
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