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    Question

    International Financial Services Centres Authority

    (IFSCA) has inked an MoU with IHub-Data & ________    to collaborate in supporting and facilitating FinTech and TechFin entities.
    A IIIT Hyderabad Correct Answer Incorrect Answer
    B IIT Madras Correct Answer Incorrect Answer
    C IIT Mandi Correct Answer Incorrect Answer
    D IIT Guwahati Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    International Financial Services Centres Authority (IFSCA) has inked an MoU with IHub-Data & IIIT Hyderabad.     This MoU aims to put in place a framework for cooperation and understanding between IFSCA and IHub-Data, IIIT Hyderabad to collaborate in supporting and facilitating FinTech and TechFin entities.     This MoU will enable cooperation and collaboration on diverse initiatives regarding FinTech. FinTechs and TechFins registered with IHub-Data, IIIT Hyderabad may be facilitated to access IFSCA’s Regulatory and Innovation Sandbox and apply to the IFSCA (FinTech Incentive) Scheme 2022.     IHub-Data is a Technology Innovation Hub for Data Banks, Data Services, and Data Analytics (IHub-Data) at IIIT Hyderabad which was established by IIIT Hyderabad under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) scheme funded by DST, Govt of India with an objective to bring closer different stakeholders – research community, academics, government officials, NGOs, industry leaders, incubating start-ups and social science critics -for enhancing or exploring mutual collaboration.

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