Current Affairs - State - Discussion

Discussion :: State - Latest Current Affairs (Q.No.405)

405. 

According to data from the Reserve Bank of India, which State has topped market borrowings among States in India with a collection of Rs.30,500 crore in the fiscal 2020-21?

[A]. Tamil Nadu
[B]. Haryana
[C]. Andhra Pradesh
[D]. West Bengal

Answer: Option A

Explanation:

According to data from the Reserve Bank of India, Tamil Nadu has topped market borrowings among States in India with a collection of Rs.30,500 crore in the fiscal 2020-21(FY 21). TN, which has accounted for 17% of the borrowings done through the issue of bonds (known as state development loans), has been followed by Maharashtra 25,500 crore (14%), Andhra Pradesh 17,000 crore (9%), Rajasthan 17,000 crore (9%).

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