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    5. What was the Contingent Risk Buffer (CRB) percentage for FY24 as decided by the RBI Board?

    Question

    What was the Contingent Risk Buffer (CRB) percentage for

    FY24 as decided by the RBI Board?
    A 6% Correct Answer Incorrect Answer
    B 6.5% Correct Answer Incorrect Answer
    C 6.25% Correct Answer Incorrect Answer
    D 7% Correct Answer Incorrect Answer
    E 5.5% Correct Answer Incorrect Answer

    Solution

    The Board decided to increase the Contingent Risk Buffer (CRB) to 6.50% for 2023-24, up from 6% in the previous year.

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