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What is the quantum of surplus that the RBI transferred to the Central Government for the period ended March 31?
A)
Rs 13122 crore
B)
Rs 32122 crore
C)
Rs 46122 crore
D)
Rs 99,122 crore

Correct Answer : Option (D) - Rs 99,122 crore


The Reserve Bank of India (RBI) is set to transfer Rs 99,122 crore as surplus to the central government for the nine months ended March 31 (July 2020-March 2021).
This is higher than what the government itself had budgeted for, as the Finance Minister earmarked a transfer of Rs 53,511 crore. Bimal Jalan Committee had that the RBI maintain a minimum contingency risk buffer of 5.5 per cent of its balance sheet, at all times.

Published On : July 17, 2021
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