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    Question

    To which financial centers does the IFSCA Act apply,

    according to section 2 of the IFSCA Act?
    A International Financial Services Centres set up under the Special Economic Zones Act, 2005 Correct Answer Incorrect Answer
    B International Financial Services Centres established under the Securities and Exchange Board of India Act, 1992 Correct Answer Incorrect Answer
    C International Financial Services Centres created under the Reserve Bank of India Act, 1934 Correct Answer Incorrect Answer
    D International Financial Services Centres formed under the Insurance Regulatory and Development Authority Act, 1999 Correct Answer Incorrect Answer
    E International Financial Services Centres established under the Companies Act, 2013 Correct Answer Incorrect Answer

    Solution

    Section 2. Application.—This Act shall apply to the International Financial Services Centres set up under section 18 of the Special Economic Zones Act, 2005.

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