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    Question

    Which authority proposed differential distribution

    rights for fund managers in GIFT City to boost blended finance? 
    A SEBI Correct Answer Incorrect Answer
    B RBI Correct Answer Incorrect Answer
    C IFSC Authority (IFSCA) Correct Answer Incorrect Answer
    D IRDAI Correct Answer Incorrect Answer
    E Finance Ministry Correct Answer Incorrect Answer

    Solution

    The International Financial Services Centres Authority (IFSCA) proposed differential distribution rights for funds in GIFT City, enabling “senior” and “junior” investor classes to attract blended finance and promote ESG and sustainable projects 

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