Personal loans registered a growth of ___ per cent in FY23, as compared to ___ per cent in the year-ago period.

(a) 20.6, 12.6

(b) 12.6, 20.6

(c) 15.4, 9.7

(d) 9.7, 15.4

Ans.(a)

Sol. RBI data on sectoral deployment of bank credit shows that personal loans registered a growth of 20.6 per cent in FY23 as compared with 12.6 per cent in the year-ago period, primarily driven by ‘housing loans’.