WBCS.LIVE practice question

What is ECF?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Economic Capital Framework
  2. Equity Cash Flow
  3. Entity Concept Fund
  4. None of the above

Correct answer and explanation

Correct answer: Economic Capital Framework

Explanation: āœ… Correct Answer: A) Economic Capital Framework šŸ“š Explanation: The Economic Capital Framework (ECF) refers to the rules governing how much capital the Reserve Bank of India (RBI) should maintain and how much it can transfer to the government as a dividend. This was a major topic of discussion following the Bimal Jalan committee report.