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Consider the following pairs:
1. Economic Capital Framework (ECF): Policy guiding RBI's financial reserves and risk provisioning.
2. Bimal Jalan Committee: Recommended CRB between 5.5% and 6.5% of GDP.
3. Surplus Transfer: Funds transferred from RBI to the government to support fiscal policies.
4. IndiaAI Mission: Initiative by the government supporting AI development in India.
How many pairs given above are correctly matched?
  • a)
    Only one pair
  • b)
    Only two pairs
  • c)
    Only three pairs
  • d)
    All four pairs
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Consider the following pairs:1. Economic Capital Framework (ECF): Pol...
1. Economic Capital Framework (ECF): Correctly matched. The ECF is indeed a policy mechanism that guides the RBI in managing its financial reserves and provisioning against risks. It includes guidelines for maintaining a contingency risk buffer to safeguard against unforeseen economic crises.
2. Bimal Jalan Committee: Incorrectly matched. The Bimal Jalan Committee recommended maintaining the contingency risk buffer (CRB) between 5.5% to 6.5% of the RBI's balance sheet, not GDP. This recommendation ensures the RBI can act effectively as the Lender of Last Resort during financial crises.
3. Surplus Transfer: Correctly matched. Surplus transfers refer to the funds transferred from the RBI to the government, which play a crucial role in supporting government spending, fiscal policies, and managing the fiscal deficit.
4. IndiaAI Mission: Correctly matched. The IndiaAI Mission is an initiative by the government to foster a conducive environment for AI development in India, supporting innovation and the growth of the AI sector.
Thus, pairs 1, 3, and 4 are correctly matched. Pair 2 is incorrectly matched.
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Consider the following pairs:1. Economic Capital Framework (ECF): Policy guiding RBI's financial reserves and risk provisioning.2. Bimal Jalan Committee: Recommended CRB between 5.5% and 6.5% of GDP.3. Surplus Transfer: Funds transferred from RBI to the government to support fiscal policies.4. IndiaAI Mission: Initiative by the government supporting AI development in India.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following pairs:1. Economic Capital Framework (ECF): Policy guiding RBI's financial reserves and risk provisioning.2. Bimal Jalan Committee: Recommended CRB between 5.5% and 6.5% of GDP.3. Surplus Transfer: Funds transferred from RBI to the government to support fiscal policies.4. IndiaAI Mission: Initiative by the government supporting AI development in India.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following pairs:1. Economic Capital Framework (ECF): Policy guiding RBI's financial reserves and risk provisioning.2. Bimal Jalan Committee: Recommended CRB between 5.5% and 6.5% of GDP.3. Surplus Transfer: Funds transferred from RBI to the government to support fiscal policies.4. IndiaAI Mission: Initiative by the government supporting AI development in India.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?.
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