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    Question

    The International Fintech Institute (IFI), established

    with a $23 million loan agreement between India and ADB, is aimed at promoting fintech education and innovation primarily in which city?
    A Bengaluru Correct Answer Incorrect Answer
    B Mumbai Correct Answer Incorrect Answer
    C Hyderabad Correct Answer Incorrect Answer
    D Gujarat International Finance Tec-City (GIFT-City) Correct Answer Incorrect Answer
    E New Delhi Correct Answer Incorrect Answer

    Solution

    The $23 million loan agreement between India and the Asian Development Bank (ADB) for establishing the International Fintech Institute (IFI) is specifically aimed at promoting fintech education and innovation in Gujarat International Finance Tec-City (GIFT-City), indicating a focus on enhancing fintech capabilities within a designated financial and technology hub.

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