Multiple choice

Which among the following states topped the chart for attracting commercial bank credit in 2004?

  1. Karnataka

  2. Orissa

  3. Tamil Nadu

  4. Maharashtra

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In 2004, Tamil Nadu was recognized for its high absorption of commercial bank credit, reflecting its robust industrial and agricultural growth. While Maharashtra typically leads in total volume due to Mumbai being the financial hub, Tamil Nadu topped specific growth and distribution charts for bank credit that year. This highlighted the state's effective utilization of banking resources for development.