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

    Question

    What was the Current Contingent Risk Buffer (CRB)

    percentage for FY24 as decided by the RBI Board recently (April 2024)?
    A 6% Correct Answer Incorrect Answer
    B 6.25% Correct Answer Incorrect Answer
    C 6.5% 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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