Question

    Financial Stability Board (FSB) established in 2009 is a

    multilateral agency working under -----.
    A G20 Correct Answer Incorrect Answer
    B G7 Correct Answer Incorrect Answer
    C United Nations Correct Answer Incorrect Answer
    D International Monetary Fund (IMF) Correct Answer Incorrect Answer
    E World Bank Group Correct Answer Incorrect Answer

    Solution

    Financial Stability Board (FSB) was established in 2009 under the aegis of G20 by bringing together the national authorities, standard setting bodies and international financial institutions for addressing vulnerabilities and developing and implementing strong regulatory, supervisory and other policies in the interest of financial stability. India is an active member of the FSB having three seats in its Plenary.

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