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      Question

      What was the Contingent Risk Buffer (CRB) percentage for

      FY24 as decided by the RBI Board?
      A 6% Correct Answer Incorrect Answer
      B 6.25% 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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