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      Question

      CTBC Bank became the first Taiwanese bank to open an

      IFSC Banking Unit in India. Which authority granted approvals?
      A RBI Correct Answer Incorrect Answer
      B SEBI Correct Answer Incorrect Answer
      C IFSCA Correct Answer Incorrect Answer
      D DPIIT Correct Answer Incorrect Answer
      E Ministry of Finance Correct Answer Incorrect Answer

      Solution

      CTBC Bank received approvals from the International Financial Services Centres Authority (IFSCA) to open a branch at GIFT City, Gujarat.

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