RBI’s Record Surplus Transfer: Opportunities and Challenges | UPSC
Introduction The Central Board of the Reserve Bank of India (RBI) recently approved a significant Record Surplus Transfer of Rs. 2.11 lakh crore to the Central Government for the accounting year 2023-24. This amount represents a substantial increase of 141% compared to the previous year’s (2022-23) transfer of Rs. 87,416 crore. How does the RBI […]
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