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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 Union Finance Minister.

3. It monitors macroprudential supervision of the economy.

Which of the statements given above is/are correct?

I.A.S. (Pre) 2016

[Fiscal Policy, Inflation Planning and Banking]
A
B
C
D

EXPLANATION

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