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      Question

      GIFT City, located in Gandhinagar district, is India's

      first smart city and international financial services centre. GIFT stands for
      A Gujarat International Finance Tec-city Correct Answer Incorrect Answer
      B Gujarat Investment Finance Tec-city Correct Answer Incorrect Answer
      C Gandhinagar Institutional Fin Tec-city Correct Answer Incorrect Answer
      D Gandhinagar International Fin Tec-city Correct Answer Incorrect Answer
      E Gujarat Institutional Finance Tec-city Correct Answer Incorrect Answer

      Solution

      GIFT stands for Gujarat International Finance Tec-city. It is the first and currently the only operational International Finance Services Centre (IFSC) in India. It is located in Gandhinagar District of Gujarat in India. It is 100% owned by Government of Gujarat.

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