pyq/2016/prelims/56

With reference to ‘Financial Stability and Development Council’, consider the following statements:

1. It is an organ of NITI Aayog.

2. It is headed by the Union Finance Minister.

3. It monitors macro-prudential supervision of the economy.

Which of the statements given above is/are correct?

(A) 1 and 2 only

(B) 3 Only

(C) 2 and 3 only

(D) 1, 2 and 3