Tamil Nadu Tops in Market Borrowings—By RBI

Published on July 10, 2020
Current Context: As per the data by Reserve Bank of India, Tamil Nadu state has topped in market borrowings among all the states in India.
Tamil Nadu Tops in Market Borrowings—By RBI
  • Tamil Nadu has raised Rs 30,500 crores in fiscal year 2020-21 which is accounted for 17% of the borrowings done through the issue of the bonds.
  • After Tamil Nadu, the ranking is followed by Maharashtra , Andhra Pradesh and Rajasthan respectively.
  • Static Part: 
    • CM of Tamil Nadu: K Pilaniswami
    • Governor of Tamil Nadu: Banwarilal Purohit
    • HQ of RBI: Mumbai
    • Governor of RBI: Shaktikanta Das

Question: 

Q.1 As per RBI data, which state topped in market borrowings for fiscal year 2020-21?
a. Punjab
b. Andhra Pradesh
c. Maharashtra
d. Tamil Nadu

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