CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Financial Stability Report has been released by which organization?
A
World Bank
B
RBI
C
IMF
D
GEF
Explanation: 

Detailed explanation-1: -Reserve Bank of India - Financial Stability Report.

Detailed explanation-2: -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-3: -The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Detailed explanation-4: -The FSR which is published biannually reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC - headed by the Governor of RBI) on risks to financial stability and the resilience of the financial system.

Detailed explanation-5: -Premium Stress tests show that gross NPAs may fall further to 4.9% by September 2023. The stress tests in RBI’s Financial Stability Report showed that banks are capable of absorbing shocks even under adverse situations.

There is 1 question to complete.