Civil Services APPSC Group I Services Prelims Mock Test Series 2025 Current Affairs Business and Economy
Consider the following statements regarding the recent RBI Dividend transfer to the Government of India:
1. The Reserve Bank of India transferred ₹2.69 lakh crore as surplus to the Union Government for the financial year 2024–25.
2. The dividend is calculated based on the Dividend Distribution Policy framed under the Fiscal Responsibility and Budget Management (FRBM) Act.
3. The transfer of surplus is made in accordance with Section 47 of the Reserve Bank of India Act, 1934.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2, and 3