Surplus Transfer Current Affairs, GK & News

RBI Surplus Transfer to Government

The Reserve Bank of India (RBI) has decided to transfer Rs 1.76 lakh crore to the Central government from its own reserves. RBI Reserves The following three funds of RBI constitute the Reserves. They are: Currency and Gold Revaluation Account (CGRA), Contingency Fund (CF), Asset Development Fund (ADF). The CGRA is the largest and makes up ..

Topics: Contingency Fund • Economy • Economy of India • Finance • Modi administration • Monetary Policy • Public Sector • Reserve Bank of India • Reserve Bank of India • Surplus Transfer