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WBCS Preliminary Examination 2019 — General Studies · Question 146 of 200

Q146
Indian EconomyMoney, Banking & Financial Institutions
What is ECF?
  1. a.Economic Capital Framework
  2. b.Equity Cash Flow
  3. c.Entity Concept Fund
  4. d.None of the above

Answer: (A) Economic Capital Framework

The Economic Capital Framework (ECF), examined by the Bimal Jalan Committee (2019), governs how much capital reserve the Reserve Bank of India needs to hold against risks, and how much surplus it can transfer to the central government — a topic of significant public debate around the time of this exam.

Q145 Whole paperQ147