📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      The board of the Reserve Bank of India has approved ____

      of surplus transfer to the government for 2022-23 and has  maintained the contingency risk buffer 50 basis points higher at 6 percent for the year.
      A Rs.83,123 crore Correct Answer Incorrect Answer
      B Rs.84,498 crore Correct Answer Incorrect Answer
      C Rs.86,296 crore Correct Answer Incorrect Answer
      D Rs.87,416 crore Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The board of the Reserve Bank of India has approved Rs 87,416 crore of surplus transfer to the government for 2022-23 and has  maintained the contingency risk buffer 50 basis points higher at 6 per cent for the year.The surplus is almost three times the amount in 2021-22 (Rs 30,307 crore), though the figures are not exactly comparable as 2021-22 was a nine-month accounting year for the RBI.

      Practice Next
      More Beepedia Questions

      Relevant for Exams:

      ask-question