Question

What is the term duration for the Chairperson and a Member in office of the International Financial Services Centres Authority as per the IFSCA Act?

A Two years Correct Answer Incorrect Answer
B Three years Correct Answer Incorrect Answer
C Four years Correct Answer Incorrect Answer
D Five years Correct Answer Incorrect Answer
E Indefinite Correct Answer Incorrect Answer

Solution

Explanation: Section 4. Establishment and incorporation of Authority—(1) The Central Government shall, by notification, for the purposes of this Act, establish an Authority by the name of the International Financial Services Centres Authority.

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