With reference to 'Financial Stability and Development Council', consider the following statements: 1. It is an organ of NITI Aayog. 2. It is headed by the Union Finance Minister. 3. It monitors macroprudential supervision of the economy. Which of the statements given above is/are correct?
A1 and 2 only
B3 only
C2 and 3 only
D1, 2 and 3
Answer & Solution
Correct answer: C. 2 and 3 only
UPSC CSE Prelims 2016 (GS-I, Set A), Q.56. Answer key: C (coaching consensus; UPSC did not publish an official 2016 AK separately on upsc.gov.in).
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