TNPSC Thervupettagam

Second in share of central bank surplus transfers - India

June 20 , 2021 1058 days 722 0
  • The Reserve Bank of India was second in terms of reserves transferred to the government as a percentage of gross domestic product (GDP) for the fiscal year 2020-21.
  • Turkey has been ranked first.
  • The surplus transferred by RBI constitutes 0.44% of GDP.
  • The Central Bank of the Republic of Turkey constitutes 0.5% of GDP.

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