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    Question

    The International Financial Services Centres Authority

    (Global In-House Centres) Regulations, 2020 provides for _________________
    A Regulations that regulate the operations of banks in IFSCs in India Correct Answer Incorrect Answer
    B Regulations that regulate the operations of insurance companies in IFSCs in India Correct Answer Incorrect Answer
    C Regulations that regulate the operations of Global In-House Centres in IFSCs in India Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer
    E Either b or c Correct Answer Incorrect Answer

    Solution

    The objective of the International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020 is to support the growth of the GIC industry in India and promote the development of IFSCs as a center for international financial services.

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