Current Affairs MCQ 607 of 1401 · Economy, Banking and Finance

The RBI's surplus transfer is worked out under its Economic Capital Framework, based on the recommendations of the committee headed by:

ARaghuram Rajan
BBimal Jalan
CUrjit Patel
DY. H. Malegam

Current Affairs 2025–26

Show answer and explanation

Correct answer: (b) Bimal Jalan

Explanation

The Bimal Jalan Committee (2019) shaped the Economic Capital Framework. In 2025 the RBI widened the CRB range to 4.5–7.5% of its balance sheet.