Categories: Ranks & Reports

India ranked 2nd in share of central bank surplus transfers

The Reserve Bank of India (RBI) 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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

RBI has transferred Rs 99,122-crore surplus to the government for FY21 which is 73% higher than the Rs 57,128 crore paid out in 2019-20. The surplus transferred by RBI constitutes 0.44% of GDP, while that of the Central Bank of the Republic of Turkey constitutes 0.5% of GDP.

Find More Ranks and Reports Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Mission Karmayogi 2026: UP Leads, Home Department Completes 1 Crore Courses

Uttar Pradesh has been declared as the best performing state for mission Karmayogi, a nationwide…

4 hours ago

Nihal Sarin and Koneru Humpy Win Individual Gold at European Chess Club Cup 2026

The Indian grandmasters made a good impression at the European Chess Club Cup 2026 in…

4 hours ago

LA 2028 Olympic Cricket Qualifiers: Dates, Direct Qualification Criteria and Format

The comeback of cricket to the Olympic Games in 2028 at Los Angeles is shaping…

5 hours ago

Lionel Messi Recognized With 2026 Princess of Asturias Award for Sports

The 2026 Princess of Asturias Award for Sports was conferred upon Argentinian footballer Lionel Messi…

6 hours ago

Usha Mangeshkar to Receive Inaugural Honour Dr Bhupen Hazarika National Award

The Assam Cabinet has recommended a national-level award in honor of the late Bharat Ratna…

8 hours ago

Ashoke Sen Wins Oskar Klein Medal 2026: First Indian Physicist to Receive the Honour

The Indian theoretical physicist, Ashoke Sen, has been honored with the Oskar Klein Medal 2026,…

9 hours ago