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    Question

    As per the IFSCA Act the Authority shall maintain proper

    accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed by the Central Government in consultation with the____________
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C IRDA Correct Answer Incorrect Answer
    D PFRDA Correct Answer Incorrect Answer
    E Comptroller and Auditor-General of India Correct Answer Incorrect Answer

    Solution

    Controller and Auditor General of India, Explanation: Section 16 Accounts & Audit: (1) The Authority shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India.

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