______ Committee was set up to decide on the transfer of RBI reserves to government

Bimal Jalan

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C. Rangarajan

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Solution

The correct option is A Bimal Jalan
The six-member panel, under former RBI Governor Bimal Jalan was appointed to review the economic capital framework (ECF) for the Reserve Bank of India (RBI) after the finance ministry wanted the central bank to follow global best practices and transfer more surplus to the government

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