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    Question

    According to the IFSCA Circular (August 2024), which of

    the following entities are affected by the extension of compliance deadlines for net worth and capital requirements?
    A Bullion Trading Members and Broker Dealers Correct Answer Incorrect Answer
    B Bullion Clearing Corporation and Mutual Fund Providers Correct Answer Incorrect Answer
    C Bullion Exchange, Bullion Clearing Corporation, and Bullion Intermediaries Correct Answer Incorrect Answer
    D Bullion Trading Members and Credit Rating Agencies Correct Answer Incorrect Answer
    E Bullion Fund Managers and Bullion Trading Members Correct Answer Incorrect Answer

    Solution

    The circular specifically applies to the Bullion Exchange, Bullion Clearing Corporation, and Bullion intermediaries operating in the GIFT-IFSC.

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