Consider the following statements regarding the RBI’s Financial Stability Report (FSR), December 2024:
- The FSR assesses both international and domestic economic conditions, focusing on the performance of Scheduled Commercial Banks (SCBs) and Non-Banking Financial Companies (NBFCs).
- The report highlights that India's economy is showing signs of weakness, with declining growth projections for FY25.
- The FSR is a bi-annual publication released by the Reserve Bank of India (RBI).
Which of the above statements are correct?
1
Only 1 and 3
2
Only 2 and 3
3
Only 1
4
Only 2
5
Only 3