Question

    What was the Contingent Risk Buffer (CRB) percentage for FY24 as decided by the RBI Board?

    A 6% Correct Answer Incorrect Answer
    B 6.25% Correct Answer Incorrect Answer
    C 6.5% Correct Answer Incorrect Answer
    D 7% Correct Answer Incorrect Answer
    E 5.5% Correct Answer Incorrect Answer

    Solution

    The Board decided to increase the Contingent Risk Buffer (CRB) to 6.50% for 2023-24, up from 6% in the previous year.

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