Question

Consider the following statements about International Financial Services Centres Authority (IFSC

Q: Answer-&lt;p&gt;Consider the following statements about International Financial Services Centres Authority...

IFSCA will consist of nine members, appointed by the central government. They include chairperson of the authority, a member each from the RBI, SEBI, IRDAI, PFRDA and two members from the Ministry of Finance. In addition, two other members will be appointed on the recommendation of a Selection Committee. All members of the IFSC Authority will have a term of three years. IFSCA was established on April 27, 2020 with head office in Gandhinagar with an objective to develop the financial products and services in the Gujarat International Finance Tec-City International Financial Services Centre GIFT IFSC.

A . I. IFSCA consist of nine members, appointed by the government of India. II. It also include a member each from the RBI, SEBI, IRDAI and the PFRDA. III. All members of the IFSC Authority have a term of 2 years. Which of the following statement is/are correct?

A I

B II

C III

D All statements are correct

E All statements are incorrect