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      Question

      What is the objective of the IFSCA

      Act?
      A To establish financial services centers across India Correct Answer Incorrect Answer
      B To promote international trade in India Correct Answer Incorrect Answer
      C To regulate financial services in rural areas of India Correct Answer Incorrect Answer
      D To regulate the financial services market in the International Financial Services Centres in India Correct Answer Incorrect Answer
      E Both b & c Correct Answer Incorrect Answer

      Solution

      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.

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