CURRENT AFFAIRS

2021

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

Who is the Chairperson of the Financial Stability and Development Council Sub-Committee?

A	RBI Governor
B	Finance Minister
C	RBI Deputy Governor
D	Finance Secretary

Explanation:

Detailed explanation-1: -It is chaired by the Finance Minister and its members include the heads of all Financial Sector Regulators (RBI, SEBI, PFRDA & IRDA), Finance Secretary, Secretary of Department of Economic Affairs (DEA), Secretary of Department of Financial Services (DFS), and Chief Economic Adviser.

Detailed explanation-2: -Shri Shaktikanta Das, Governor, Reserve Bank of India, chaired the meeting. The Sub-Committee reviewed the major developments in the global and domestic economy as well as in various segments of the financial system. It discussed certain inter-regulatory issues.

Detailed explanation-3: -Nirmala Sitharaman chaired the 26th meeting of the Financial Stability and Development Council (FSDC) on September 15, 2022.

There is 1 question to complete.