Question map
Not attempted Correct Incorrect ★ Bookmarked
Loading…
Q75 (IAS/2016) International Relations & Global Affairs › Global Indices, Reports & Agreements › Global economic reports Official Key

'Global Financial Stability Report' is prepared by the

Result
Your answer: —  Âˇ  Correct: B
Explanation

The Global Financial Stability Report (GFSR) assesses key risks facing the global financial system[1] and is a survey by the IMF staff published twice a year[2]. GFSR provides an assessment of the stability of global financial markets and emerging markets financing based on current market conditions[3]. IMF publishes two periodic reports in this regard 'World Economic Outlook' and 'Global Financial Stability Report'[4]. The report is prepared by the International Monetary Fund (IMF) staff as part of its surveillance function to monitor the international monetary system and highlight possible risks to financial stability. Therefore, option B (International Monetary Fund) is the correct answer. The other options—European Central Bank, International Bank for Reconstruction and Development (World Bank), and OECD—do not prepare this specific report.

Sources
  1. [1] https://www.imf.org/external/pubs/ft/gfsr/2016/02/pdf/text.pdf?utm_source=rss&utm_medium=rss
  2. [2] https://www.imf.org/external/pubs/ft/gfsr/2016/02/pdf/text.pdf?utm_source=rss&utm_medium=rss
  3. [3] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Global Financial Stability Report (GFSR) > p. 519
  4. [4] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Surveillance > p. 514
How others answered
Each bar shows the % of students who chose that option. Green bar = correct answer, blue outline = your choice.
Community Performance
Out of everyone who attempted this question.
86%
got it right
PROVENANCE & STUDY PATTERN
Guest preview
Don’t just practise – reverse-engineer the question. This panel shows where this PYQ came from (books / web), how the examiner broke it into hidden statements, and which nearby micro-concepts you were supposed to learn from it. Treat it like an autopsy of the question: what might have triggered it, which exact lines in the book matter, and what linked ideas you should carry forward to future questions.
Q. 'Global Financial Stability Report' is prepared by the [A] European Central Bank [B] International Monetary Fund [C] International Ban…
At a glance
Origin: Books + Current Affairs Fairness: Low / Borderline fairness Books / CA: 2.5/10 ¡ 7.5/10
You're seeing a guest preview. The Verdict and first statement analysis are open. Login with Google to unlock all tabs.

This is a classic 'Sitter' question. Major reports by the Bretton Woods twins (IMF/World Bank) are non-negotiable static GK. While it appears in current affairs when released, it is fundamentally a static fact covered in every standard Economy textbook (like Nitin Singhania, Ch. 18).

How this question is built

This question can be broken into the following sub-statements. Tap a statement sentence to jump into its detailed analysis.

Statement 1
Is the Global Financial Stability Report prepared by the European Central Bank as of 2016?
Origin: Web / Current Affairs Fairness: CA heavy Web-answerable

Web source
Presence: 5/5
"GLOBAL FINANCIAL STABILITY REPORT: F OSTERING STABILITY IN A LOw-G RO wTh, L Ow-R ATE ERA International Monetary Fund | October 2016"
Why this source?
  • The passage labels the document 'GLOBAL FINANCIAL STABILITY REPORT' and immediately identifies 'International Monetary Fund | October 2016', attributing the report to the IMF.
  • Attribution to the IMF in an October 2016 GFSR directly contradicts the claim that the report was prepared by the European Central Bank.
Web source
Presence: 5/5
"The Global Financial Stability Report provides an assessment of the global financial system and markets... The Report draws out the financial ramifications of economic imbalances highlighted by the IMF's World Economic Outlook."
Why this source?
  • This passage describes the 'Global Financial Stability Report' and ties it to the IMF, noting its role alongside the IMF's World Economic Outlook.
  • Identification of the GFSR as an IMF publication indicates it is prepared by the IMF rather than the European Central Bank.
Web source
Presence: 5/5
"International Monetary Fund | October 2016 The Global Financial Stability Report (GFSR) assesses key risks facing the global financial system."
Why this source?
  • Explicitly states 'International Monetary Fund | October 2016' and describes the GFSR's purpose, confirming IMF authorship for the October 2016 report.
  • This attribution contradicts the statement that the European Central Bank prepared the GFSR in 2016.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Global Financial Stability Report (GFSR) > p. 519
Strength: 5/5
“• Like WEO, it is also published by IMF twice a year (April and October). • GFSR provides an assessment of the stability of global financial markets and emerging markets financing based on current market conditions. • It tries to figure out financial and structural imbalances that may pose as a risk and accordingly suggests solutions.”
Why relevant

Explicitly states the GFSR is published by the IMF twice a year (April and October).

How to extend

A student could check IMF publication archives for 2016 to confirm the GFSR publisher that year.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Surveillance > p. 514
Strength: 4/5
“• It looks upon the international monetary system and monitors the economic and financial policies, thereby highlighting the possible risks to stability and advises member countries on the same. • IMF publishes two periodic reports in this regard 'World Economic Outlook' and 'Global Financial Stability Report'.”
Why relevant

Says the IMF publishes two periodic reports, naming 'World Economic Outlook' and 'Global Financial Stability Report'.

How to extend

Use the known IMF–report association to rule out other institutions (like the ECB) as the GFSR author in 2016 by checking respective institutions' publication lists for 2016.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > 2020 > p. 555
Strength: 3/5
“International Economic Institutions • 7. India's ranking in the 'Ease of Doing Business Index' is sometimes seen in the news. Which of the following has declared that ranking? • (a) Organisation for Economic Cooperation and Development (OECD)\ • (b) World Economic Forum\ • (c) World Bank \sim ALC: YES • (d) World Trade Organization (WTO) • 8. 'Global Financial Stability Report' is prepared by the: • (a) European Central Bank • (b) International Monetary Fund • (c) International Bank for Reconstruction and Development • (d) Organisation for Economic Cooperation and Development • 9.”
Why relevant

Presents a multiple‑choice question listing the ECB as an option for who prepares the GFSR, implying common confusion about the report's authorship.

How to extend

Recognize this as a distractor option and verify the correct choice (IMF) from authoritative publication records for 2016.

Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > 13. Which one of the following issues 'Global Economic Prospects' report periodically? > p. 556
Strength: 3/5
“• (a) The Asian Development Bank • (b) The European Bank of Reconstruction and Development • (c) The US Federal Reserve Bank • (d) The World Bank • 14. Which of the following organisations brings out the publication 'World Economic Outlook'? • (a) The International Monetary Fund • (b) The United Nations Development Programme • (c) The World Economic Forum • (d) The World Bank”
Why relevant

Shows the book treats specific macro reports by name and attributes 'World Economic Outlook' to the IMF, supporting a pattern that major global reports are tied to specific international institutions.

How to extend

Apply this pattern to infer that GFSR likewise likely has a consistent institutional author (check IMF vs ECB 2016 lists to confirm).

Statement analysis

This statement analysis shows book citations, web sources and indirect clues. The first statement (S1) is open for preview.

Login with Google to unlock all statements.

Statement analysis

This statement analysis shows book citations, web sources and indirect clues. The first statement (S1) is open for preview.

Login with Google to unlock all statements.

Statement analysis

This statement analysis shows book citations, web sources and indirect clues. The first statement (S1) is open for preview.

Login with Google to unlock all statements.

How to study

This tab shows concrete study steps: what to underline in books, how to map current affairs, and how to prepare for similar questions.

Login with Google to unlock study guidance.

Micro-concepts

Discover the small, exam-centric ideas hidden in this question and where they appear in your books and notes.

Login with Google to unlock micro-concepts.

The Vault

Access hidden traps, elimination shortcuts, and Mains connections that give you an edge on every question.

Login with Google to unlock The Vault.

✓ Thank you! We'll review this.

SIMILAR QUESTIONS

IAS ¡ 2015 ¡ Q21 Relevance score: 3.68

Which one of the following issues the 'Global Economic Prospects' report periodically?

IAS ¡ 2002 ¡ Q14 Relevance score: 3.44

“World Development Report” is an annual publication of

IAS ¡ 2019 ¡ Q3 Relevance score: 2.27

The Global Competitiveness Report is published by the

IAS ¡ 2010 ¡ Q89 Relevance score: 1.84

The International Development Association, a lending agency, is administered by the

CDS-II ¡ 2008 ¡ Q116 Relevance score: 1.74

International Bank for Reconstruction and Development is also known as