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    Question

    What is the minimum capital requirement for an IFSC

    Banking Unit?
    A USD 15 Million Correct Answer Incorrect Answer
    B USD 20 Million Correct Answer Incorrect Answer
    C USD 25 Million Correct Answer Incorrect Answer
    D USD 30 Million Correct Answer Incorrect Answer
    E USD 35 Million Correct Answer Incorrect Answer

    Solution

    The minimum capital requirement for an IFSC Banking Unit is USD 20 Million. This amount is set to ensure that the banking unit has sufficient financial stability to operate in an international financial services centre.

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