Question
Which of the following is/are the objectives of the
IFSCA Act?Solution
The objectives of the IFSCA Act are to develop and regulate the financial services market in the International Financial Services Centres (IFSCs) in India, to promote the ease of doing business in IFSCs and to encourage the development of financial technology, and to protect the interests of investors in IFSCs and to maintain financial stability in the IFSCs. Therefore, option E is correct.
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