With reference to Financial Stability Report FSR consider the following statements The report explai...........

Economic Affairs Financial Institutions

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With reference to Financial Stability Report (FSR), consider the following statements:

The report explains the condition of financial stability in the country, and it is prepared after taking into account the contributions from all financial sector regulators.
It is an annual report prepared by SEBI.

Select the correct statement.

1 only

2 only

Both

None

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Explanation:

The FSR details the state of financial stability in the country, and it is prepared after taking into account the contributions from all financial sector regulators.

The FSR explains the current status of different financial institutions including the non-banking lending institutions. It also maps the state of credit growth and the rate at which borrowers are defaulting on paying back loans.
It is a biannual report prepared by Sub-Committee of the Financial Stability and Development Council (FSDC – headed by the Governor of RBI).

Hence only statement 1st is correct.