New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    What is the primary role of the newly incorporated CCIL

    IFSC in GIFT City?
    A Banking operations Correct Answer Incorrect Answer
    B Clearing house and system operator Correct Answer Incorrect Answer
    C Real estate development Correct Answer Incorrect Answer
    D Insurance services Correct Answer Incorrect Answer
    E Stock exchange management Correct Answer Incorrect Answer

    Solution

    CCIL IFSC is proposed to build and operate a real-time foreign currency settlement system at GIFT City, acting as a clearing house and system operator.

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