Financial Sector Assessment Programme – UPSC Prelims

The FSAP includes two major components:
  • a financial stability assessment, which is the responsibility of the IMF, and
  • a financial development assessment, the responsibility of the World Bank.
Financial Sector Assessment Programme aims to:
  • To gauge the stability and soundness of the financial sector.
  • To assess its potential contribution to growth and development.
The Financial Sector Assessment Program (FSAP) is a comprehensive and in-depth analysis of a country’s financial sector.
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