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Current Affairs

22nd Meeting of Financial Stability and Development Council (FSDC)

Current Context: 22nd Meeting of Financial Stability and Development Council (FSDC) was conducted and was chaired by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman.
 
  • The meeting was conducted to review the global and domestic macro-economic situation, financial stability and vulnerabilities issues, issues being faced by banks and financial institutions, NBFCs, HFCs, and MFIs
  • The meeting also discussed the capital flow issues, resource mobilization and market volatility
  • The heads of various financial organisation like IRDAI, PFRDA, and SEBI were present in the meeting. The meeting was also attended by Governor of RBI secretary of various ministry
  • They also discussed the economic reforms made in the country to combat the lockdown situation arisen due to pandemic COVID-19
  • Static Part: 
    • HQ of FSDC: New Delhi

Question: 

Q: Who chaired the 22nd Meeting of Financial Stability and Development Council (FSDC)?
a Piyush Goyal
b. Nitin Gadkari
c. Nirmala Sitharaman
d. Ravi Shankar Prasad
22nd Meeting of Financial Stability and Development Council (FSDC) 22nd Meeting of Financial Stability and Development Council (FSDC) Reviewed by Shweta Kashyap on May 30, 2020 Rating: 5

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