Question

    A Global In-House Centre shall maintain its books of accounts, records and documents, in such_________________ as may be declared at the time of making an application under International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020

    A USD Correct Answer Incorrect Answer
    B Indian currency Correct Answer Incorrect Answer
    C Foreign currency Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer
    E Either a or b Correct Answer Incorrect Answer

    Solution

    Rule 9 Maintenance of books of accounts, records and documents: A Global In-House Centre shall maintain its books of accounts, records and documents, in such foreign currency as may be declared at the time of making an application under these regulations.

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