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The government has expanded the scope of activities that can be undertaken at the International Financial Services Centre (IFSC) by including services such as bookkeeping, and accounting. As per a gazette notification issued by the Ministry of Finance, various services, including book-keeping, accounting, taxation, and financial crime compliance, have been included as part of financial services. Provided that the financial services shall be offered by units in an International Financial Service Centre regulated by the International Financial Services Centres Authority (IFSCA) to non-residents whose business is not set up either by splitting up of business already in existence in India; or reconstructing/reorganising of business already in existence in India.These units should not offer services by way of transferring or receiving existing contracts or work arrangements from their group entities in India.
Which of the following lends money to middle-income countries at interest rates lower than the rates on loans from commercial banks?
Consider the following statement regarding co-operative credit societies:
1. The first known mutual aid society in India was probably the ‘Anyo...
India's wholesale price index (WPI)-based inflation in July came in at_________, significantly higher than (-)4.12 percent reported in June on account o...
Which of the following is considered a "safe-haven" asset during economic uncertainty?
India became a party to the World Health Organization (WHO) on which of the following year?
Which of the following terms refers to the process of merging multiple loans into a single loan with a lower interest rate?
Reserve Bank of India was set up based on the recommendations of which commission?v
Which of the following are instruments that facilitate purchase of goods and services, conduct of financial services, enable remittance facilities, etc....
Which of the following is NOT an example of manufacturing activity?
Which financial institution in India is responsible for regulating and supervising the functioning of insurance companies?