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.
In a question of division, if dividend is 21 times of remainder and quotient is 1/2 of divisor, if remainder is least multiple of 2 and 5 both then find...
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...Albela Sells Chocolates in the packs of 6 chocolates, 12 chocolates, 18 chocolates and 24 chocolates etc, but the rate is necessarily uniform. One day ...
Christina spends half of her salary and saves the other half. If she spends ₹ 40,000 monthly, what is her annual savings?
If y = ∛ 6 – 4, then what is the value of y³ + 12y² + 48y + 100?
The sum of (p/q)+(q/r)+(r/s)+(s/t) = (239/60). The value of ‘q’ is one less than the value of ‘s’. The average of ‘p’ and ‘s’ is 4. The ...
"PQR is a three-digit number such that it can be expressed as the sum of its three two-digit components, PQ, QR, and RP, where all of them are natural n...
3 chairs and 2 tables cost Rs. 700 and 5 chairs and 3 tables cost Rs. 1100. What is the cost of 1 chair and 2 tables?
5 positive numbers are written on a piece of paper. Sum of first 3 numbers is 30 and ratio of the 4th and the 5th number is 2:3. If difference between t...