Economy UPPSC 2000 GS-I
Question

Credit Deposit Ratio of Commercial Banks in UP has since 1971:

Answer & Solution

Answer: (Detailed Solution Below)

Option D: first increased till 1990 and then declined

Detailed Solution:

The correct answer is “first increased till 1990 and then declined”.

Since 1971, the Credit Deposit Ratio (CDR) of commercial banks in Uttar Pradesh has generally shown the trend of first increasing until around 1990 and then declining.

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