📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      According to the IFSCA Regulations 2024, the Board may

      establish sub-committees. What is the main purpose of these sub-committees?
      A Conduct audits of financial institutions Correct Answer Incorrect Answer
      B Manage foreign direct investments Correct Answer Incorrect Answer
      C Provide assistance or advice in performing its functions Correct Answer Incorrect Answer
      D Regulate cross-border payments Correct Answer Incorrect Answer
      E Develop new financial products Correct Answer Incorrect Answer

      Solution

      The sub-committees are constituted to provide assistance or advice in the performance of the Board’s functions related to the regulation and supervision of payment and settlement systems.

      Practice Next
      ask-question