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UPSC Key | 1st June, 2024 — Living will, Fiscal deficit, Potency test and more

UPSC Key | 1st June, 2024 — Living will, Fiscal deficit, Potency test and more
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RBI annual report explains how Mint Street managed record Rs 2-lakh-cr surplus transfer to govt

RBI annual report explains how Mint Street managed record Rs 2-lakh-cr surplus transfer to govt
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RBI Approves Transfer of Record Rs2.11 Lakh Crore Dividend to Union Govt for Meeting Fiscal Deficit Target

The central board of directors of the Reserve Bank of India (RBI) decided to increase the contingent risk buffer (CRB) for FY23-24 to 6.50% from 6% a year ago and transfer Rs2.11 lakh crore surplus to the Union government. This is the highest-ever yearly surplus transfer by RBI to the Union government.

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RBI Annual Report: RBI's income rises 17% in FY24 as interest income from foreign securities surges

RBI Annual Report: RBI's income rises 17% in FY24 as interest income from foreign securities surges
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RBI Annual Report: RBI's net income increases to Rs 2.11 lakh crore as interest from foreign securities surges

RBI Annual Report: RBI's net income increases to Rs 2.11 lakh crore as interest from foreign securities surges
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