Composition of FSC

Description: This quiz will test your knowledge about the composition of the Financial Stability and Development Council (FSDC).
Number of Questions: 15
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Tags: fsdc composition members functions
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Who is the Chairperson of the FSDC?

  1. Prime Minister

  2. Finance Minister

  3. RBI Governor

  4. SEBI Chairman


Correct Option: B
Explanation:

The Finance Minister of India is the Chairperson of the FSDC.

Which of the following is not a member of the FSDC?

  1. RBI Governor

  2. SEBI Chairman

  3. IRDAI Chairman

  4. Chief Economic Advisor


Correct Option: D
Explanation:

The Chief Economic Advisor is not a member of the FSDC.

How many members are there in the FSDC?

  1. 10

  2. 12

  3. 14

  4. 16


Correct Option: C
Explanation:

There are 14 members in the FSDC.

What is the main objective of the FSDC?

  1. To promote financial stability

  2. To develop the financial sector

  3. To regulate the financial sector

  4. All of the above


Correct Option: D
Explanation:

The main objective of the FSDC is to promote financial stability, develop the financial sector, and regulate the financial sector.

When was the FSDC established?

  1. 2008

  2. 2009

  3. 2010

  4. 2011


Correct Option: C
Explanation:

The FSDC was established in 2010.

Which of the following is not a function of the FSDC?

  1. To monitor the financial system

  2. To take measures to address financial risks

  3. To promote financial inclusion

  4. To regulate the financial sector


Correct Option: D
Explanation:

The FSDC does not regulate the financial sector. This is the responsibility of the RBI, SEBI, and IRDAI.

The FSDC Secretariat is located in which city?

  1. Mumbai

  2. Delhi

  3. Chennai

  4. Kolkata


Correct Option: B
Explanation:

The FSDC Secretariat is located in Delhi.

How often does the FSDC meet?

  1. Once a year

  2. Twice a year

  3. Thrice a year

  4. Four times a year


Correct Option: B
Explanation:

The FSDC meets twice a year.

Which of the following is not a member of the FSDC Sub-Committee on Financial Stability?

  1. RBI Governor

  2. SEBI Chairman

  3. IRDAI Chairman

  4. Chief Economic Advisor


Correct Option: D
Explanation:

The Chief Economic Advisor is not a member of the FSDC Sub-Committee on Financial Stability.

What is the main objective of the FSDC Sub-Committee on Financial Stability?

  1. To monitor the financial system

  2. To take measures to address financial risks

  3. To promote financial inclusion

  4. All of the above


Correct Option: D
Explanation:

The main objective of the FSDC Sub-Committee on Financial Stability is to monitor the financial system, take measures to address financial risks, and promote financial inclusion.

When was the FSDC Sub-Committee on Financial Stability established?

  1. 2008

  2. 2009

  3. 2010

  4. 2011


Correct Option: C
Explanation:

The FSDC Sub-Committee on Financial Stability was established in 2010.

Which of the following is not a function of the FSDC Sub-Committee on Financial Stability?

  1. To monitor the financial system

  2. To take measures to address financial risks

  3. To promote financial inclusion

  4. To regulate the financial sector


Correct Option: D
Explanation:

The FSDC Sub-Committee on Financial Stability does not regulate the financial sector. This is the responsibility of the RBI, SEBI, and IRDAI.

The FSDC Sub-Committee on Financial Stability Secretariat is located in which city?

  1. Mumbai

  2. Delhi

  3. Chennai

  4. Kolkata


Correct Option: B
Explanation:

The FSDC Sub-Committee on Financial Stability Secretariat is located in Delhi.

How often does the FSDC Sub-Committee on Financial Stability meet?

  1. Once a year

  2. Twice a year

  3. Thrice a year

  4. Four times a year


Correct Option: B
Explanation:

The FSDC Sub-Committee on Financial Stability meets twice a year.

Which of the following is not a member of the FSDC Sub-Committee on Monetary Policy?

  1. RBI Governor

  2. SEBI Chairman

  3. IRDAI Chairman

  4. Chief Economic Advisor


Correct Option: B
Explanation:

The SEBI Chairman is not a member of the FSDC Sub-Committee on Monetary Policy.

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