Economics · Financial Institutions
A major objective of the Financial Stability and Development Council (FSDC), chaired by the Union Finance Minister, is to address:
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- 1Setting the policy repo rates for the Indian economy in place of the Monetary Policy Committee (MPC).
- 2The resolution of disputes only between the Central Government and State Governments regarding financial jurisdiction.
- 3Coordination issues among the major financial sector regulators (RBI, SEBI, IRDAI, PFRDA) and macroprudential supervision of the economy.✓
- 4Only the external sector issues concerning India's Balance of Payments.
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Coordination issues among the major financial sector regulators (RBI, SEBI, IRDAI, PFRDA) and macroprudential supervision of the economy.
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