Podcast
Questions and Answers
What does the Financial Stability Report (FSR) primarily assess?
What does the Financial Stability Report (FSR) primarily assess?
- Performance of financial institutions
- Macro-financial policies
- Risk to financial stability and system resilience (correct)
- Global market trends
Which body collectively assesses the inputs for the Financial Stability Report (FSR)?
Which body collectively assesses the inputs for the Financial Stability Report (FSR)?
- Economic Affairs Committee
- Financial Sector Development Board
- Reserve Bank of India
- Sub-Committee of the Financial Stability and Development Council (correct)
Which of the following chapters is NOT included in the Financial Stability Report (FSR)?
Which of the following chapters is NOT included in the Financial Stability Report (FSR)?
- Investment and Portfolio Management (correct)
- Financial Institutions: Soundness and Resilience
- Regulatory Initiatives in the Financial Sector
- Macro-financial risks
How often is the Financial Stability Report (FSR) published?
How often is the Financial Stability Report (FSR) published?
What additional component does the Financial Stability Report (FSR) include besides the three chapters?
What additional component does the Financial Stability Report (FSR) include besides the three chapters?
By end-2023, what was the percentage of global public debt relative to GDP?
By end-2023, what was the percentage of global public debt relative to GDP?
What was the global debt in US dollars by the end of 2023?
What was the global debt in US dollars by the end of 2023?
What was the primary factor contributing to the increase in global public debt post-pandemic?
What was the primary factor contributing to the increase in global public debt post-pandemic?
Which factor is NOT mentioned as contributing to heightened risks in the global economy?
Which factor is NOT mentioned as contributing to heightened risks in the global economy?
According to the IMF, what is the forecasted global growth rate for 2024?
According to the IMF, what is the forecasted global growth rate for 2024?
Which two countries are leading the increase in global debt?
Which two countries are leading the increase in global debt?
What is the main focus of monetary policy authorities worldwide?
What is the main focus of monetary policy authorities worldwide?
What percentage of GDP did global private debt amount to by end-2023?
What percentage of GDP did global private debt amount to by end-2023?
Which organization predicted a 2.6% global growth rate for 2023?
Which organization predicted a 2.6% global growth rate for 2023?
Which of the following is a challenge mentioned in bringing inflation down to targets?
Which of the following is a challenge mentioned in bringing inflation down to targets?
What is the forecasted growth rate for Advanced Economies (AES) in 2025 according to the World Bank?
What is the forecasted growth rate for Advanced Economies (AES) in 2025 according to the World Bank?
What was the real GDP growth rate for India in 2022-23?
What was the real GDP growth rate for India in 2022-23?
What is India's expected contribution to global growth in 2023-24?
What is India's expected contribution to global growth in 2023-24?
Which factor did NOT act as a drag on India's GDP growth in 2023-24?
Which factor did NOT act as a drag on India's GDP growth in 2023-24?
What is the projected real GDP growth for India in 2024-25 according to the MPC?
What is the projected real GDP growth for India in 2024-25 according to the MPC?
Despite which conditions did India achieve an 8.2% real GDP growth in 2023-24?
Despite which conditions did India achieve an 8.2% real GDP growth in 2023-24?
By the end of 2023, what percentage of GDP did global public debt reach?
By the end of 2023, what percentage of GDP did global public debt reach?
Which two countries are leading the increase in global debt?
Which two countries are leading the increase in global debt?
What was the global fiscal deficit as a percentage of GDP on average in 2023?
What was the global fiscal deficit as a percentage of GDP on average in 2023?
What was the global private debt in US$ trillion as at end-2023?
What was the global private debt in US$ trillion as at end-2023?
What was the global debt as a percentage of GDP, including both public and private debt, by end-2023?
What was the global debt as a percentage of GDP, including both public and private debt, by end-2023?
To what extent did the primary deficit decrease on average in advanced and emerging market economies?
To what extent did the primary deficit decrease on average in advanced and emerging market economies?
Study Notes
Financial Stability Report
- The Financial Stability Report (FSR) is a half-yearly publication that reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) with inputs from all financial sector regulators.
- The FSR consists of 3 chapters and a Systemic Risk Survey (SRS).
Global Economy
- The global economy faces heightened risks from prolonged geopolitical tensions, elevated public debt, and slow progress in disinflation.
- Despite challenges, the global financial system remains resilient, and financial conditions are stable.
- Global growth forecasts:
- IMF: 3.2% (2023), 3.2% (2024), 3.2% (2025)
- World Bank: 2.6% (2023), 2.6% (2024), 2.7% (2025)
Global Debt
- Global public debt has increased to 93.2% of GDP by end-2023, nine percentage points above its pre-pandemic level.
- The two largest economies, the U.S. and China, are leading the increase in global debt.
- Private debt also remains elevated, with global debt standing at 239.9% of GDP as at end-2023.
- The threat of a looming debt crisis cannot be overemphasized.
Domestic Economy
- The Indian economy is exhibiting resilience and remains the fastest growing major economy.
- India's contribution to global growth is rising and currently stands at 18.5% in 2023-24.
- Real GDP rose by 8.2% in 2023-24, up from 7.0% in the previous year.
- The Monetary Policy Committee (MPC) has projected real GDP to grow by 7.2% during 2024-25.
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Description
This quiz is about the Financial Stability Report (FSR) released by the Reserve Bank of India (RBI) in June 2024, covering its features, components, and assessment of financial stability.
