The Ecf committee will also suggest an adequate level of
risk provisioning that the RBI needs to maintain.
The board decided to form an expert
committee to examine the economic capital framework(Ecf) of the central bank.
Conversely, sodium is the main electrolyte in the Ecf, and it determines the amount of water outside the cells.
Trajectory correction system with brake flaps: a- SPACIDO; b- Ecf; 1-
brake device; 2- radio receiver unit; 3- cocking device.
According to the RBI statement,
the board decided to constitute an expert committee to examine the economic capital framework(Ecf) of the central bank.
RBI had recently
adapted the fresh Economic Capital Framework(Ecf) as recommended by Bimal Jalan Committee
on Ecf which noted that RBI's forex reserves in 2008 were higher than India's external debt.
The Board decided to constitute an expert committee to examine the Ecf, the membership
and terms of reference of which will be jointly determined by the Government of India and the RBI.
During its board meeting on 19th November, RBI decided to set up an expert committee to examine the
central bank's Economic Capital Framework(Ecf) to enable transfer of reserve worth
crore to Government of India?
A similar development(still in prototype stage) is the Ecf system for 155-mm shells from the British BAE Systems
and the Swedish VCSM, which differs from the French idea in the principle of GPS guidance.