May Quiz

Question 1/5
Q1. Consider the following statements regarding the Reserve Bank of India’s (RBI) Economic Capital Framework:
  1.  It is used to determine the level of risk provisioning and surplus distribution decisions for the central bank.
  2.  The Bimal Jalan committee was constituted to review the current framework.
  3.  The Committee recommended to align the central bank’s accounting year with the financial year.
How many of the statements given above are correct?