- The decission for the same was taken in the 589th meeting of the Central Board of Directors of RBI.
- At the meet, the officials reviewed the current economic situation, global and domestic challenges and recent policy measures which are to be taken by RBI to mitigate the economy of India which has affected due to the second wave of the COVID-19.
- The funds are for the accounting period of nine months which ended on 31st March 2021 i.e. for July 2020 to March 2021.
- The Contingency Risk Buffer will be maintained at 5.50%.
- RBI has changed its accounting year to April-March, earlier it was June-July.
Question:
a. Rs 79,122 crore
b. Rs 99,122 crore
c. Rs 59,122 crore
d. Rs 69,122 crore
