Multiple Choice Questions on How much amount will be transferred by RBI to Central Government as surplus for FY21 2020 21 ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

How much amount will be transferred by RBI to Central Government as surplus for FY21 2020 21 ........

Current GK ( Master) Indian Economy
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    How much amount will be transferred by RBI to Central Government as surplus for FY21 (2020-21) ?

    Rs 78,152 crore

    Incorrect Answer

    Rs 89,178 crore

    Incorrect Answer

    Rs 99,122 crore

    Correct Answer

    Rs 99,856 crore

    Incorrect Answer
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    Explanation:
    • The Reserve Bank of India will transfer a surplus of Rs 99,122 crore to the government for the nine months ended March 31, 2021.
    • The RBI is transitioning to an April-March accounting year from FY22. 
    • The surplus was decided on while holding the contingency risk buffer at 5.5%.

    By: Rohit Middha
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