Question : Who is the Chairman of the Financial Stability and Development Council (FSDC) of India?
Option 1: Finance Minister
Option 2: Human Resource Development Minister
Option 3: Home Minister
Option 4: Skill Development Minister
Correct Answer: Finance Minister
Solution : The correct answer is Finance Minister .
The FSDC Chairman is the Finance Minister. The following Heads of the Financial Sector Regulators are members of FSDC:
Pension Fund Regulatory and Development Authority (PFRDA), Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), and Insurance Regulatory and Development Authority (IRDA).
The Secretary of the Department of Financial Services, the Chief Economist, and the Secretary of Finance are the other members.
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