Answer-What is the objective of the IFSCA Act?

Q: Answer-What is the objective of the IFSCA Act?

IFSCA Act provides for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India and for matters connected therewith or incidental thereto.

Question

What is the objective of the IFSCA

Act?

A To establish financial services centers across India

B To promote international trade in India

C To regulate financial services in rural areas of India

D To regulate the financial services market in the International Financial Services Centres in India

E Both b & c

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What is the objective of the IFSCA

Solution