With reference to the banking system in Bihar, which of the following statements is correct?

Question

Economics · Economy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Bihar's credit-deposit ratio is significantly lower than the national average.

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Answer 1

Regional Rural Banks (RRBs) have the lowest credit-deposit ratio among all bank categories.

Answer 2

Bihar's credit-deposit ratio is significantly lower than the national average.

Answer 3

Private sector banks have the highest share in total outstanding advances.

Answer 4

The credit-deposit ratio is maximum in the case of public sector banks.

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