Question

With reference to ‘Financial Stability and Development Council’, consider the following statements :1. It is an organ of NITI Aayog.2. It is headed by the Union Finance Minister.3. It monitors macroprudential supervision of the economy.Which of the statements given above is/are correct?(a) 1 and 2 only(b) 3 only(c) 2 and 3 only(d) 1, 2 and 3

Answer 1

Financial Stability and Development Council (FSDC) is an apex-level body constituted by the government of India. ... An apex-level FSDC is not a statutory body. The recent global economic meltdown has put pressure on governments and institutions across the globe to regulate their economic assets.

Answer 2

Hey Mate!

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Good Question

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Option : 1)

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With reference to ‘Financial Stability and Development Council’, consider the following statements :1. It is an organ of NITI Aayog.2. It is headed by the Union Finance Minister.3. It monitors macroprudential supervision of the economy.Which of the statements given above is/are correct?

(a) 1 and 2 only

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