Question

    According to the Bimal Jalan committee’s report, the

    RBI, has to maintain a minimum contingency risk buffer of?
    A 5.5 % Correct Answer Incorrect Answer
    B 6.5 % Correct Answer Incorrect Answer
    C 7 % Correct Answer Incorrect Answer
    D 7.7 % Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    • According to the Bimal Jalan committee’s report, the RBI, at all times, has to maintain a minimum contingency risk buffer of 5.5 per cent.
    • Reserve Bank of India will transfer Rs 30,307 crore as surplus to the government for 2021-22. The decision was taken after deciding to maintain the contingency risk buffer at 5.50 per cent of its balance sheet.

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