Which of the following statements is/ are correct about the 16th meeting of the Financial Stability and Development Council (FSDC) held in January 2017? I. It was chaired by RBI Governor. II. The status of NPAs of public sector banks and measures taken by the government and the RBI for tackling the stressed assets were reviewed. III. Developments on financial inclusion and financial literacy were discussed.

• A.  (iii) only
• B.  (i) and (iii)
• C.  (i), (ii) and (iii)
• D.  (ii) and (iii)