Question

    Similar to the Stock Exchanges in IFSC, the Bullion Exchange shall be required to submit MDR (Monthly Development Report) to IFSCA on a what frequency basis, beginning January 2023

    A Monthly Correct Answer Incorrect Answer
    B Quarterly Correct Answer Incorrect Answer
    C Hal yearly Correct Answer Incorrect Answer
    D Annually Correct Answer Incorrect Answer
    E Bi-annually Correct Answer Incorrect Answer

    Solution

    Similar to the Stock Exchanges in IFSC, the Bullion Exchange shall be required to submit MDR to IFSCA on a monthly basis, beginning January 2023. The report shall be submitted in the prescribed format, within 10 days from the close of each month.

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