Which of the following are the core objectives of the Financial Stability and Development Council (FSDC):

  1. Acts as an apex level forum to strengthen and institutionalize the mechanism for maintaining financial stability
  2. Enhance inter-regulatory coordination and promoting financial sector development in the country

Which of the statements given above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

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