The Reserve Bank of India (RBI) has announced that it will release _____ of the funds held under the Income-Recognition and Asset Classification (I-CRR) framework on September 9th, _____ further 25% will be released on September 23rd, and _____ on October 7th.

### Concept & Facts To manage surplus liquidity in the banking system, the RBI sometimes imposes an Incremental Cash Reserve Ratio (I-CRR). When liquidity normalizes, the RBI phases out this requirement to release funds back to banks. (Note: The source text mistakenly expands I-CRR as Income-Recognition and Asset Classification, but the numerical timeline refers to the Incremental Cash Reserve Ratio phase-out). ### Step-by-Step Solution * The RBI decided to discontinue the I-CRR in a phased manner to prevent sudden liquidity shocks. * The phase-out schedule was set as follows: * First release on September 9th: 25% of the funds. * Second release on September 23rd: 25% of the funds. * Final release on October 7th: The remaining 50% of the funds. * This matches the sequence of 25%, 25%, and 50%. ### Exam Strategy & Shortcut When the RBI phases out bulk liquidity measures, they usually follow a progressive tiered structure (e.g., a quarter, a quarter, and a final half). Look for the mathematically logical 100% completion timeline: 25 + 25 + 50 = 100. ### Common Pitfall Getting confused by the typo in the original question text ("Income-Recognition" instead of "Incremental Cash Reserve Ratio"). Focus on the dates and the standard RBI tapering structure (25-25-50). ### Final Answer Therefore, the correct answer is **25%, 25%, 50%**.