Current Affairs · Banking and Economy
With reference to the Reserve Bank of India’s (RBI) record surplus transfer for the financial year 2023–24 (transferred in May 2024), consider the following statements: 1. The RBI approved a surplus transfer exceeding ₹2.1 lakh crore to the Central Government. 2. This surplus amount was the highest ever transferred by the RBI in its history. 3. The decision was taken during the meeting of the RBI’s Central Board of Directors. 4. Such surplus transfers are governed under Section 47 of the Reserve Bank of India Act, 1934. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3 and 4✓
- 21, 3 and 4 only
- 32 and 3 only
- 41 and 2 only
Correct answer
1, 2, 3 and 4
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