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      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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