CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank released the 25th Financial Stability report which reflects the collective assessment of the sub-committee of the FSDC?
A
RBI
B
ADB
C
PNB
D
SBI
Explanation: 

Detailed explanation-1: -In June 2022, the Reserve Bank of India published the 25th issue of the Financial Stability Report (FSR) which contains inputs from all financial sector regulators. This year’s report primarily comprises an overview of foreign regulatory and supervisory procedures.

Detailed explanation-2: -The Reserve Bank of India (RBI) released the 25th issue of the Financial Stability Report (FSR) which reflects 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: -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-4: -The Reserve Bank of India publishes a financial stability report (FSR) every two years (RBI). The report reflects the Sub-Committee of the Financial Stability and Development Council’s (FSDC) collective evaluation of the financial system’s resilience and vulnerabilities to financial stability.

Detailed explanation-5: -The report touches upon global macro financial risks & analyses the health of Scheduled Commercial Banks (SCBs) in India. The RBI recently released the 26th edition of the semi-annual Financial Stability Report (FSR) for December 2022.

There is 1 question to complete.