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    Question

    What is the new deadline for Bullion Trading and

    Clearing Members in GIFT-IFSC to meet Net Worth and Base Minimum Capital (BMC) requirements as per the February 2024 IFSCA circular?
    A January 28, 2024 Correct Answer Incorrect Answer
    B July 28, 2024 Correct Answer Incorrect Answer
    C December 31, 2024 Correct Answer Incorrect Answer
    D April 1, 2024 Correct Answer Incorrect Answer
    E September 1, 2024 Correct Answer Incorrect Answer

    Solution

    The compliance period for meeting Net Worth and Base Minimum Capital (BMC) requirements for Bullion Trading Members and Clearing Members in GIFT-IFSC has been extended until July 28, 2024.

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