📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    When was the Foreign Currency Settlement System (FCSS)

    launched in GIFT City?
    A 2023 Correct Answer Incorrect Answer
    B 2024 Correct Answer Incorrect Answer
    C 2025 Correct Answer Incorrect Answer
    D 2022 Correct Answer Incorrect Answer
    E 2026 Correct Answer Incorrect Answer

    Solution

    The Foreign Currency Settlement System (FCSS) was launched in 2025 at GIFT City to provide real-time settlementof foreign currency transactions, replacing the older 36–48 hour model dependent on overseas correspondent banking.

    Practice Next

    Relevant for Exams:

    ask-question