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As the dynamic nature of business in the IFSCs requires a high degree of inter-regulatory coordination within the financial sector, the IFSCA has been established as a unified regulator with a holistic vision to promote ease of business in IFSC and to provide a world-class regulatory environment. The International Financial Services Centres Authority (IFSCA) was established on April 27, 2020, under the International Financial Services Centres Authority Act 2019. It is headquartered at GIFT City, Gandhinagar, in Gujarat. From 1st October 2020, IFSCA assumed the power of four domestic sector regulators, namely the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), Insurance Regulatory. 21 and Development Authority of India (IRDAI) & Pension Fund Regulatory and Development Authority of India (PFRDAI), in so far as the development and regulation of IFSCs in India were concerned.
Which one of the following measures is not likely to aid in improving India’s Balance of Payment position?
Increase in absolute and per capita real GNP do not connote a higher level of economic development, if?
What is the purpose of creating a centralized database of unorganized workers in e-Shram portal?
What is the purpose of setting up of Small Finance Banks (SFBs) in India?
1. To supply credit to small business units
2. To supply credit ...
Consider the following statements with respect to the International Labour Organisation-
I.It is the only tripartite United Nation (UN) agency. I...
Which of the following statements is/are not correct with respect to the Electoral Bonds Scheme ?
I.The government introduced the Electoral Bon...
Stand Up India Scheme provide financial aid for Working Capital needs through which organisation?
The government of India will be setting up an Indian Institute of Technology (IIT) for the first time abroad in ____________.
NITI Aayog has released the MPI India index in November, Who releases the MPI report at global level ?
What is the maximum annual deposit limit under Sukanya Samriddhi Yojna ?.