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      Question

      What new category of trading participants was introduced

      by IFSCA in April 2024 to allow foreign entities to trade without a physical presence in the IFSC?
      A Non-resident Indian Investors Correct Answer Incorrect Answer
      B Foreign Institutional Traders (FITs) Correct Answer Incorrect Answer
      C Remote Trading Participants (RTPs) Correct Answer Incorrect Answer
      D Offshore Financial Traders Correct Answer Incorrect Answer
      E International Proprietary Traders Correct Answer Incorrect Answer

      Solution

      The IFSCA introduced Remote Trading Participants (RTPs) in April 2024, allowing foreign entities without a physical presence in the IFSC to trade directly on the stock exchanges.

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