In July 2023, India witnessed a significant surge in bank credit outstanding to the real estate sector. ____________ was the approximate total credit outstanding at that time?

(a) Rs 15 trillion
(b) Rs 20 trillion
(c) Rs 24.28 lakh crore
(d) Rs 28 trillion

Ans.(d)
Sol. In July 2023, bank credit outstanding to the real estate sector in India reached an all-time high of Rs 28 trillion.