Consider the following statements with respect to Financial Stability and Development Council (FSDC)
- It is an apex level forum to strengthen and institutionalize the mechanism for maintaining financial stability.
- It is a council for enhancing inter-regulatory coordination and promoting financial sector development in the country.
- Finance Secretary acts as the chairman of the council.
Which among the above statements are correct?
- 1 and 2 only
- 1 and 3 only
- 2 and 3 only
- 1,2 and 3