The Reserve Bank of India's Central Board approved a record surplus transfer of over Rs. 2.68 lakh crore to the Central Government for the financial year 2024-25. Evaluate the following statements regarding the RBI's Economic Capital Framework and this transfer: I. The surplus transferred by RBI to the government for FY 2024-25 was approximately Rs. 2.68 lakh crore the highest-ever dividend transfer by the RBI. II. For FY 2024-25, the RBI's Central Board decided to maintain the Contingent Risk Buffer (CR

• B at 6.5% of its balance sheet, the same level as in FY 2023-24. III. The Contingent Risk Buffer is a reserve maintained by the RBI out of its surplus to provide a cushion against unexpected risks to the RBI's balance sheet, as recommended by the Bimal Jalan Committee. IV. The Economic Capital Framework under which the RBI determines its surplus transfer to the government was adopted on August 26, 2019. Which of the above statements are correct?