RBI board approves transfer of ₹2,10,874 crore surplus to Centre Categories Today Current Affairs Upsc Exam Syllabus & Previous Yearpaper. Date May 24, 2024 Comments 0 comment May 24, 2024 0 Background According to Section 47 of the RBI Act, profit of the RBI has to be transferred to the government periodically. However, before transferring, some amount of the profit is kept aside for maintaining reserves of the RBI. What constitutes … Read More
