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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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