Multiple Choice Questions on Which state rsquo s credit potential was estimated at Rs 90 395 69 crore for Financial year FY 2020 ........... for NABARD Assistant Manager Exam Preparation

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    Which state’s credit potential was estimated at Rs 90,395.69 crore for Financial year FY- 2020-21 by National Bank for Agriculture and Rural Development (NABARD)?

    Gujarat

    Incorrect Answer

    Odisha

    Correct Answer

    West Bengal

    Incorrect Answer

    Assam

    Incorrect Answer

    Uttar Pradesh

    Incorrect Answer
    Explanation:

    On January 27, 2020, National Bank for Agriculture and Rural Development (NABARD), an Apex Development Financial Institution in India,in its in the State Focus Paper for Odisha, has estimated Odisha’s credit potential at Rs 90,395.69 crore for Financial year FY- 2020-21with a hike of around 20 % over credit projection of 2019-20.Out of the total credit potential for priority sector,agriculture constitues Rs 43,282.11 crore, in which, Rs 40,227.79 crore (92.94 %) is estimated under farm credit, which consists both crop loans and term loans for agriculture and allied activities.


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