RBI's transfer of surplus amount to Union Govt Flashcards
1
Q
The surplus amount of which year is being transferred ?
A
2023-24
2
Q
How much amount ?
A
Rs 2,10,874 cr – Highest ever transfer
3
Q
Who should approve for it ?
A
Central Board of Directors in RBI
4
Q
On what basis is this surplus transfer made ?
A
As per Economic Capital Framework – by Bimal Jalan committee
5
Q
What is the Contingent Risk Buffer of RBI ?
A
6.5%
