UPSC Prelims 2016 · GS Paper 1 · Q56

Economy

Medium · Financial Stability and Development Council

Consider the following statements regarding the Financial Stability and Development Council (FSDC):

1. It is an organ of NITI Aayog.

2. It is headed by the Union Finance Minister.

3. It monitors macro-prudential supervision of the economy.

Which of the statements given above are correct?