RAS question
Deposits growth Rajasthan:
Correct answer: (D) 11.36%.
Deposits in Rajasthan grew by 11.36 per cent between September 2023 and September 2024.
Explanation
Rajasthan's Economic Review 2024-25 places banking deposits under banking and financial services and compares September 2023 with September 2024. In Table 1.23, total deposits of all scheduled commercial banks in Rajasthan rise from Rs 6,31,785 crore to Rs 7,03,556 crore. This increase equals 11.36 per cent over September 2023. That is why 11.36% is the right choice. The credit-deposit ratio was 86.92 per cent in Rajasthan against 79.32 per cent at the All India level, so the national-average point belongs to the credit-deposit ratio, not to the deposit-growth figure.
Why the other options are wrong
- (A) 8% understates the increase because Rajasthan's total deposit growth was 11.36 per cent for September 2024 over September 2023.
- (B) 15% overstates the increase; deposits moved from Rs 6,31,785 crore to Rs 7,03,556 crore, producing growth of 11.36 per cent.
- (C) 5% is too low because total deposits increased by 11.36 per cent.
Concept
This tests the banking and financial services data in Rajasthan's Economic Review. It is a recurring RAS-style fact because close percentage options can confuse deposit growth with the separately reported credit-deposit ratio.