The Global Financial Stability Report is released by which among the following?

Economy ·Previously asked in UPPCS Combined State / Upper Subordinate Services 2025

View the full solved paper: UPPCS Prelims 2025 - GS Paper I

Question

The Global Financial Stability Report is released by which among the following?

1. International Monetary Fund

2. World Economic Forum

3. World Bank

Select the correct answer from the code given below:

  1. A. 1 and 2
  2. B. Only 3
  3. C. 2 and 3
  4. D. Only 1 (Correct answer)

Correct Answer

Option D — Only 1

Detailed Solution & Explanation

The correct answer is Only 1.

Key Points

  • The Global Financial Stability Report (GFSR) is released by the International Monetary Fund (IMF), giving option (d).
  • It assesses the stability of global financial markets and emerging-market financing, and is published twice a year, in April and October.

Additional Information

  • The IMF's three flagship publications, released together at the Spring and Annual Meetings:
    • World Economic Outlook (WEO) — growth and macroeconomic projections
    • Global Financial Stability Report (GFSR) — financial-sector risks
    • Fiscal Monitor — public finances and government debt
  • The IMF was created at the Bretton Woods Conference, 1944, and began operations in 1945; it is headquartered at Washington D.C. with 190 member countries.
  • The IMF's unit of account is the Special Drawing Right (SDR), whose basket comprises the US dollar, euro, Chinese renminbi, Japanese yen and pound sterling.
  • The IMF's core mandate is short-term balance of payments support, while the World Bank finances long-term development — the standard distinction between the "Bretton Woods twins".

Topics covered: Reports & Indices Organisations