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IFSC provides an opportunity to global businesses to set up wide variety of business verticals in Banking, Insurance, Fund/Asset management, Capital Markets and Trading, IT services and ITeS/BPO services. Gujarat International Finance Tec-City (GIFT City) is the first IFSC that was set up in Gujarat in 2015. Earlier the different business segments in IFSC were governed by different regulators namely Reserve Bank of India (RBI) for banking and capital market undertakings, Securities and Exchange Board of India (Sebi) for fund management and capital markets and Insurance and Regulatory Development Authority of India (IRDAI) for Insurance. Recognizing the need for co-ordination amongst all the regulators to ensure smooth business operations in IFSC, GoI established a unified regulator i.e., International Financial Service Centers Authority (IFSCA) under the IFSC Act to govern activities of all units established in IFSC . IFSCA was established in April 2020 and its current Chairman is Mr. Injeti Srinivas.
The CCEA has approved the Minimum Support Prices for all Rabi Crops for Marketing Season 2023-What is the MSP of Wheat?
According to third advance estimates of crop production 2023-24, total cotton production in India is ____
What should be added to reclaim sodic soils?
Which type of legs in insects are adapted for climbing or clinging?
Nilaparvata lugens is a pest of
Why is replication important in experimental design?
Velamen is the multi-layered epidermis formed in the aerial roots of
What does the suction method (equilibrium tension method) measure in the field?
Pebrine disease of silkworm is caused by
What is the maximum limit of loan amount to be sanctioned under the PMMY?
