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Explanation: IFSCA regulates financial products such as securities, deposits or contracts of insurance, financial services, and financial institutions which have been previously approved by any appropriate regulator such as Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI) etc., in an IFSC. It will also regulate any other financial products, financial services, or financial institutions in an IFSC, which may be notified by the central government. It may also recommend to the central government any other financial products, financial services, or financial institutions, which may be permitted in an IFSC. The International Financial Services Centres Authority will consist of nine members, appointed by the central government. They will include chairperson of the authority, a member each from the RBI, SEBI, the Insurance Regulatory and Development Authority of India (IRDAI), and the Pension Fund Regulatory and Development Authority (PFRDA); and two members from the Ministry of Finance. In addition, two other members will be appointed on the recommendation of a Selection Committee. Term: All members of the IFSC Authority will have a term of three years, subject to reappointment. IFSCA is not a Constitutional Body. It is created under IFSCA Act of 2019. Hence, it is a Statutory Body.
Mango is a sweet and juicy fruit with a distinctive flavor and aroma, and is rich in vitamins, minerals, and antioxidants. The temperature at which chi...
Pregnant cows, buffaloes should receive __Kg./day extra concentrate allowance during advance pregnancy to meet extra need of nutrients f...
Which of the following Nitrogen Fertilizer is partly soluble?
Which of the following is not an example of Manganese deficiency?
Hedging is the main feature of:
Deep burial of crop residue helps in controlling diseases by the following ways except
Match the following:
Organization                       Location
I. IIFSRÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â...
Small pelagic fish which are preyed on by larger predators for food is known as
AMI scheme is a demand driven with back ended credit linked subsidy scheme in which rate of subsidy provided is ___ and ___ based on the category of eli...
_________ is an internet-based interface/platform that will provide direct and effective solutions to the problems faced by farmers and stakeholders in ...
