Question
Which of the following organizations is responsible for
the development and management of GIFT City? 1)Â Â Â Securities and Exchange Board of India (SEBI) 2)Â Â Â Reserve Bank of India (RBI) 3)Â Â Â Gujarat International Finance Tec-City Company Limited (GIFTCL) 4)Â Â Â National Stock Exchange of India (NSE) Select the correct answer using the code given below:Solution
The Gujarat International Finance Tec-City Company Limited (GIFTCL) is responsible for the development and management of GIFT City. GIFTCL is a joint venture between the Government of Gujarat and Infrastructure Leasing & Financial Services Limited (IL&FS). Therefore, the correct answer is C - option 3 only.
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