New 55% Off on All Courses - Enroll Now! Click Here

    Question

    What was the Gross Non-Performing Assets (GNPA) ratio of

    Scheduled Commercial Banks (SCBs) as of March 2024 as per the economic survey 2023-24?
    A 2.8% Correct Answer Incorrect Answer
    B 3.1% Correct Answer Incorrect Answer
    C 4.5% Correct Answer Incorrect Answer
    D 5.0% Correct Answer Incorrect Answer
    E 6.5% Correct Answer Incorrect Answer

    Solution

    The GNPA ratio of SCBs reached a 12-year low of 2.8% as of March 2024, improving from a peak of 11.2% in FY18.

    Practice Next