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What is the aim of financial stability?

The aim of financial stability is to prevent phenomena which could result in destabilisation of the economy. You can read about the Financial Stability and Development Council (FSDC) – UPSC Notes in the given link.

The Financial Stability and Development Council was established as an autonomous body dealing with macroprudential and financial regularities in the entire financial sector of India.

Further readings:

  1. Global Financial Stability Report 2020 – GFSR Report By IMF
  2. Financial Stability Report (FSR) 2020 – An Overview of Biannual RBI Report

Related Links

The Reserve Bank of India: Functions and Composition

Monetary Policy – Objectives, Roles and Instruments

National Institution for Transforming India (NITI Aayog) – A Brief Overview

Securities And Exchange Board Of India (SEBI) – Functions & Powers

International Monetary Fund (IMF) – Organizational Structure, Objectives (UPSC Notes)

Highlights of Economic Survey 2021
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