Question
The International Fintech Institute (IFI), established
with a $23 million loan agreement between India and ADB, is aimed at promoting fintech education and innovation primarily in which city?Solution
The $23 million loan agreement between India and the Asian Development Bank (ADB) for establishing the International Fintech Institute (IFI) is specifically aimed at promoting fintech education and innovation in Gujarat International Finance Tec-City (GIFT-City), indicating a focus on enhancing fintech capabilities within a designated financial and technology hub.
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