Question

UPSC Prelims 2016 Question:

‘Global Financial Stability Report’ is prepared by the

1. European Central Bank
2. International Monetary Fund
3. International Bank for Reconstruction and Development
4. Organization for Economic Cooperation and Development

Answer (Detailed Solution Below)

Option 2: International Monetary Fund

Detailed Solution

Explanation:

The Global Financial Stability Report (GFSR) is a semiannual report by the International Monetary Fund (IMF). It assesses the stability of global financial markets and emerging-market financing. It is released twice per year, in April and October.
GFSR replaced two previous reports by the IMF, 1) the annual International Capital Markets Report and 2) the quarterly Emerging Market Financing Report. The purpose of replacing them was to provide a more frequent assessment of the worldwide financial markets and to focus on emerging market financing in a global context.

Therefore, option (2) is the correct answer.

Subject: Economics | Economic Organisations and Conventions

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