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To bolster the development of IFSC, the Government took a major policy decision to establish the first of its kind, unified and agile financial sector regulator for IFSCs viz International Financial Services Centers Authority (IFSCA) through an Act of Parliament in 2019. From 1st October 2020, IFSCA assumed the power of four domestic sector regulators, namely RBI, SEBI, IRDAI & Pension Fund Regulatory and Development Authority of India (PFRDAI), in so far as the development and regulation of IFSCs in India were concerned. Hence it is a Statutory Body. The foundation has been laid for creating a thriving knowledge economy by allowing foreign universities to set up operations in IFSC free of domestic regulations. Simultaneously, external assistance is mobilised to establish India’s premier Fintech Institute and Innovation Centre in GIFT City. GIFT city is India’s first greenfield smart city with a focus on creating financial hub in the region.
A group of 24 men is capable of finishing a task in 15 days. Initially, 12 men begin the job and work on it for 12 days. After this period, an additiona...
15 men can complete a piece of work in 5 days, while 20 women can complete it in 5 days. 8 men start working on the job & after working for 3 days, ...
A and B together can complete a piece of work in 12 days. A alone can complete the work in 20 days. A starts the work and is joined by B after 5 days. H...
A and B can finish a piece of work in 20 days and 30 days respectively. Both work on alternate days. In how many days will the work be completed when A ...
40 tailors can stitch a batch of dresses in 30 days. If 20 tailors started the job and after 15 days ‘u’ more tailors joined them such that the rema...
P can do a piece of work in 20 days, Q can do the same piece of work in 24 days while R can do it in 30 days. They started working together but after 4 ...
Ashish and Anil can do a piece of work in 15 days and 20 days respectively. Ashish completed 60% of the work. Find the time taken by Anil to complete th...
Akhil and Nikhil together can complete a work in 6 days while Nikhil alone takes 18 days to complete 60% of the work. If the efficiency of Sachin is 25%...
'A' operates at 75% of 'B's efficiency, while 'C' functions at 125% of 'B's efficiency. Initially, 'A' and 'B' teamed up for the job and worked for 10 ...
P can do a piece of work in 10 days. Q can do it in 16 days. With the help of R, they finish the work in 4 days. In how many days can R alone do the who...
