Economics · Financial Regulatory Bodies
Consider the following statements regarding the Financial Stability and Development Council (FSDC) of India: 1. The FSDC is chaired by the Union Finance Minister. 2. Its Sub-Committee is chaired by the Governor of the Reserve Bank of India. 3. It was created as an executive body following recommendations of the Raghuram Rajan Committee (2008), rather than a statutory body. 4. It monitors macro-prudential supervision of the economy and financial stability. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3 and 4 only
- 21, 2 and 4 only✓
- 32 and 4 only
- 41 and 2 only
Correct answer
1, 2 and 4 only
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