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      Question

      Which authority proposed the use of multiple unit classes with differential distribution rights to promote blended finance?

      A RBI Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C IFSCA Correct Answer Incorrect Answer
      D NABARD Correct Answer Incorrect Answer
      E IRDAI Correct Answer Incorrect Answer

      Solution

      The International Financial Services Centres Authority (IFSCA) proposed reforms to allow fund managers in GIFT City to issue multiple classes of units with differential rights to promote blended finance models.

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