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Who heads the “Expert Committee to Review the Extant Economic Capital Framework”, that recommends Reserve Bank of India(RBI) to transfer Rs 1,76,051 crore to the government ?
  • a)
    Raghuram Rajan
  • b)
    M. Narasimham
  • c)
    C. Rangarajan
  • d)
    Bimal Jalan
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Who heads the “Expert Committee to Review the Extant Economic Ca...
On August 26, 2019, The Reserve Bank of India(RBI)’s Governor Shaktikanta Das-led RBI central board in its 578th meeting (held in Mumbai, Maharashtra) has accepted the recommendation of high-level 6-member panel headed by its former Governor Bimal Jalan on transfer of Rs 1,76,051 crore to the government comprising of Rs 1,23,414 crore of surplus for the year 2018-19 and Rs 52,637 crore of excess provisions as per the revised Economic Capital Framework (ECF).
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Who heads the “Expert Committee to Review the Extant Economic Capital Framework”, that recommends Reserve Bank of India(RBI) to transfer Rs 1,76,051 crore to the government ?a)Raghuram Rajanb)M. Narasimhamc)C. Rangarajand)Bimal Jalane)None of theseCorrect answer is option 'D'. Can you explain this answer?
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