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IFSC provides an opportunity to global businesses to set up wide variety of business verticals in Banking, Insurance, Fund/Asset management, Capital Markets and Trading, IT services and ITeS/BPO services. Gujarat International Finance Tec-City (GIFT City) is the first IFSC that was set up in Gujarat in 2015. Earlier the different business segments in IFSC were governed by different regulators namely Reserve Bank of India (RBI) for banking and capital market undertakings, Securities and Exchange Board of India (Sebi) for fund management and capital markets and Insurance and Regulatory Development Authority of India (IRDAI) for Insurance. Recognizing the need for co-ordination amongst all the regulators to ensure smooth business operations in IFSC, GoI established a unified regulator i.e., International Financial Service Centers Authority (IFSCA) under the IFSC Act to govern activities of all units established in IFSC . IFSCA was established in April 2020 and its current Chairman is Mr. Injeti Srinivas.
Art. 165 of the Constitution deals with the appointment of ?
Which of the following is not considered a corporate person under Indian law?
Any application made under section 19(1) of the Recovery of Debts and Bankruptcy Act for seeking permission from the Debts Recovery Tribunal shall be de...
A reserve account that shall not be used by the company for any purpose other than repayment of deposits is called_____.
Under the Legal Services Authority Act, which of the following categories of individuals are entitled to legal services?
Right to lodge caveat has been provided in which Section of the Code of Civil Procedure, 1908.
Under which Section of Evidence Act, a tenant of immovable property is estopped from denying a title of the landlord to that property?
A is charged with shooting at B with the intent to kill him. The fact of A’s having previously shot at B may be proved to establish the_______ of A.
When does a conciliation proceeding commences?
According to the provisions of the MSMED Act, how is the treatment of the amount of interest payable or paid by any buyer for the purposes of computatio...
