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To bolster the development of IFSC, the Government took a major policy decision to establish the first of its kind, unified and agile financial sector regulator for IFSCs viz International Financial Services Centers Authority (IFSCA) through an Act of Parliament in 2019. From 1st October 2020, IFSCA assumed the power of four domestic sector regulators, namely RBI, SEBI, IRDAI & Pension Fund Regulatory and Development Authority of India (PFRDAI), in so far as the development and regulation of IFSCs in India were concerned. Hence it is a Statutory Body. The foundation has been laid for creating a thriving knowledge economy by allowing foreign universities to set up operations in IFSC free of domestic regulations. Simultaneously, external assistance is mobilised to establish India’s premier Fintech Institute and Innovation Centre in GIFT City. GIFT city is India’s first greenfield smart city with a focus on creating financial hub in the region.
Blue-blooded
Select the most appropriate meaning of the given idiom.
Be hard up
Spin your wheels
The debut disc by this Burlington act is a straight-ahead return to the kind of woman-made tuneage that was all the game five, six years ago.
...The last straw
Select the most appropriate meaning of the given idiom.
Raise the bar
In each question, four alternatives are given for the Idiom/ Phrase given in bold in the sentence. Choose the alternative which best expresses the mean...
The technological advancement like flying cars is light years away .
Select the most appropriate meaning of the given idiom.
full of beans
Choose the correct meaning of the idiom/phrase given below :
be down with