Question

The International Financial Services Centres Authority

Q: Answer-The International Financial Services Centres Authority Fund shall be applied for _____________

Section 15 Fund of Authority 2 The Fund shall be applied for meeting a the salaries, allowances and other remuneration of Members, officers and other employees of the Authority and b other expenses incurred by the Authority in connection with the discharge of its functions and for the purposes of this Act.

Fund shall be applied for _____________

A Meeting the salaries, allowances and other remuneration of Members, officers and other employees of the Authority

B Meeting other expenses incurred by the Authority in connection with the discharge of its functions and for the purposes of the IFSCA Act

C Meeting the needs of such other purposes as the Central Government may notify on this behalf from time to time

D Both a & b

E All a b & c

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The International Financial Services Centres Authority

Solution