2019
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
1.5 Lakh crores
|
|
|
1.75 Lakh crores
|
|
|
1.76 Lakh crores
|
|
|
1.8 Lakh crores
|
Detailed explanation-1: -The Reserve Bank of India (RBI) will transfer Rs 30,307 crore as surplus to the government for 2021-22, the central bank said in a statement following its board meeting on Friday. The decision was taken after deciding to maintain the contingency risk buffer at 5.50 per cent of its balance sheet.
Detailed explanation-2: -Taking all these factors into consideration, real GDP growth for 2022-23 is projected at 6.8 per cent, with Q3 at 4.4 per cent and Q4 at 4.2 per cent. The risks are evenly balanced. Real GDP growth is projected at 7.1 per cent for Q1:2023-24 and at 5.9 per cent for Q2.
Detailed explanation-3: -This is the RBI’s way of controlling the excess flow of money in the economy. The cash balance that is to be maintained by scheduled banks with the RBI should not be less than 4% of the total NDTL, which is the Net Demand and Time Liabilities.