Question

    Which entity is responsible for providing liquidity support to an IFSC Banking Unit (IBU) under the IFSCA (Banking) Regulations 2020?

    A Reserve Bank of India Correct Answer Incorrect Answer
    B IFSCA Correct Answer Incorrect Answer
    C Parent Bank of the IBU Correct Answer Incorrect Answer
    D Lender of Last Resort Correct Answer Incorrect Answer
    E Indian government Correct Answer Incorrect Answer

    Solution

    The  Parent Bank  of the IFSC Banking Unit (IBU) is responsible for providing  liquidity support  to the IBU when needed for operations

    Practice Next