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Question

What does IFSCA stand for in IFSCA Act? 

A Indian Financial Services Control Authority Correct Answer Incorrect Answer
B Indian Financial Services Centres Association Correct Answer Incorrect Answer
C International Financial Services Centres Authority Correct Answer Incorrect Answer
D International Financial Services Control Authority Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

IFSCA has been established as a unified regulator to promote ease of doing business in IFSC and provide world class regulatory environment. The main objective is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international financial platform for the entire region and the global economy as a whole.

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