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      Question

      Abu Dhabi National Insurance Company (ADNI

      • C received regulatory approval to establish a reinsurance branch at GIFT City, Gujarat. The license was granted by which authority?
      A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
      B Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
      C Insurance Regulatory and Development Authority of India (IRDAI) Correct Answer Incorrect Answer
      D International Financial Services Centres Authority (IFSCA) Correct Answer Incorrect Answer
      E Ministry of Finance Correct Answer Incorrect Answer

      Solution

      The license was granted by the International Financial Services Centres Authority (IFSCA) and became effective on April 1, 2026.

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