Question
Which institutions will be exempt from certain
provisions of the University Grants Commission Act and the All India Council for Technical Education Act, specifically in the context of financial management, fintech, science, technology, engineering, and mathematics?Solution
The finance ministry has notified that in financial management, fintech, science, technology, engineering and mathematics offered by foreign institutions in the International Financial Services Centres (IFSCs) would be outside the ambit of certain provisions of the University Grants Commission Act and the All India Council for Technical Education Act. The regulatory ambit of the IFSC Authority (IFSCA) will be limited to terms and conditions of establishment, including reporting requirements and administrative functioning of such foreign universities or foreign institutions. The regulatory framework of the respective home country shall apply in all academic matters, such as curriculum, faculty, admission criteria or process and academic collaborations, etc.
Which organizations are classified as Deemed Accredited Investors under the IFSCA guidelines issued in January 2024?
Which among the following is/are NOT covered under the insurance cover issued by the Deposit Insurance and Credit Guarantee Corporation (DICGC)?
Who has become the interim chairperson of Life Insurance Corporation of India (LIC) from March 14, 2023?
Which of the following is NOT a criterion for determining the FSWM status of a UCB?
NSE IFSC-SGX Connect is an essential milestone in the cross-border collaboration between India and ___________ in the area of capital markets. Once oper...
Under the _________ method, the semi variable costs are not classified into fixed and variable costs.
What is the financial allocation for women-related schemes in the Union Budget 2024-25?
A Micro or Small Enterprise may be said to have become Sick, if any of the borrowal account of the enterprise remains NPA for ________ months or more.
How many Free Trade Agreements (FTAs) did India sign between 2021 and 2024?
Which of the following is an example of a project finance structure?