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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.
Length and breadth of a rectangular field is (x + 5) cm and (x – 4) cm, respectively. If the cost of ploughing the field at a rate of Rs. 7 per cm² i...
Ajay lists an item at 42% higher than its cost price and gives a 20% discount on this marked price. Determine the percentage of p...
In what ratio should Darjeeling Tea costing Rs. 500 per kg mixed with Assam Tea costing Rs. 350 per kg, so that by selling the mixture at Ra. 480 per ...
A trader mixes two types of rice varieties with a cost of Rs.68 and Rs.80. If he sells the mixture of Rs.88 at 25% profit, in what ratio he mixes two ty...
In what ratio rice at 47 Rs/kg should be mixed with the rice at 28 Rs/kg so that selling mixture at Rs 45 per kg gives the profit of 25% if the quantity...
A car travel 20km/h for 30 min and at x km/h for 45 min. If the average speed of the car for entire journey is 14 km/h find the value of x.
If 120 liters of milk solution contains 60% milk, how much milk should be added to make the solution 80% milk?
A shopkeeper has 76 kg rice a part of it, he sells at the profit of 48% and rest at loss of 28% and he get the loss of 16% so what is the quantity sold ...
In a Mixture, the ratio of Milk and Water is 7: 5. If 12 litre mixture drawn off and replace by 8 litre water then the ratio of Milk and Water become 1...
