Question
IFSCA has partnered with _______ to pursue Cross-border
FinTech Innovations.Solution
The Monetary Authority of Singapore (MAS) and the International Financial Services Centres Authority (IFSCA) signed a FinTech Co-operation Agreement (CA) to facilitate regulatory collaboration and partnership in FinTech.The CA will promote the following:
-   Regulatory Sandbox Collaboration – MAS and IFSCA will leverage existing regulatory sandboxes in their respective jurisdictions to support experimentation of technology innovations. This includes referral of companies to each other’s regulatory sandboxes and enable innovative cross-border experiments in both jurisdictions.
-   Sharing of Information – MAS and IFSCA will share non-supervisory related information and developments on innovation in financial products and services, facilitate discussions on emerging FinTech issues and participate in joint innovation projects.
‘M’ is 60% more efficient than ‘N’. ‘N’ started the work alone and worked for 16 days and after that ‘N’ is replaced by ‘M’. If the ...
Elvish is 10% more efficient than Fatima. Elvish completes typing 198 pages in 18 hours. Find how many pages Fatima can type in 5 hours.
‘A’ and ‘B’ can complete a certain work in 18 days and 10 days, respectively. They started working together and worked till completion of the wo...
Anil and Ashish receive Rs.2200 for work of 8 days. If Anil is 4 times efficient than Ashish, then find the daily wage received by Ashish.
‘A’ and ‘B’ can complete a certain work in 15 days and 10 days, respectively. They started working together and worked till completion of the wo...
‘A’ alone can complete a work in 20 days. ‘B’ alone can complete the same work in 25 days. If ‘A’ and ‘B’ work together for 7 days, then...
‘X’ can complete a job in 30 days. ‘Y’ is 50% more efficient than ‘X’. How long will they take to finish 75% of the work together?
...Anita started working and left after 3 days and aftere that Binita started the rest work and finished it in another 5 days. Had Anita left the work afte...
- Person A is 40% more efficient than person B, while person C is 40% less efficient than person B. All three—A, B, and C—can together finish a task in 3...
With a bucket full of water, a tank can be filled with 16 buckets. When each bucket holds 12.5 liters of water, how many buckets of 10-liter capacity ca...
Relevant for Exams:
