BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following organisations has given a warning to the nations of the world that there may be increased risk to global financial stability in the world?

A	World Bank
B	World Trade Organisation
C	Asian Development Bank
D	International Monetary Fund

Explanation:

Detailed explanation-1: -Detailed Solution. The correct answer is International Monetary Fund. The Global Financial Stability Report provides an assessment of the global financial system and markets and addresses emerging market financing in a global context. It is a semiannual report by the International Monetary Fund (IMF).

Detailed explanation-2: -43 Financial stability is defined as the ability of the financial system to facilitate and enhance eco-nomic processes, manage risks, and absorb shocks.

Detailed explanation-3: -The Reserve Bank released the 26th issue of the Financial Stability Report (FSR) on the 29th of December 2022. The report indicates the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system.

Detailed explanation-4: -By. Clay Halton. Clay Halton is a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on LGBTQ+ finance.

There is 1 question to complete.