The Reserve Bank of India will transfer how much surplus to the government for FY‟16 as dividend? A) Rs 68876 crore B) Rs 65885 crore C) Rs 75876 crore D) Rs 65876 crore E) Rs 65776 crore
D) Rs 65876 crore Explanation: The Reserve Bank of India will Rs 65876 crore as surplus transfer to the government for FY‘16, Rs 20 crore less that previous year‘s Rs 65896 crore, a central bank release said. The surplus approved by the Reserve Bank of India board could be used to fund the centre‘s fiscal deficit .