Question

To which financial centers does the IFSCA Act apply,

Q: Answer-To which financial centers does the IFSCA Act apply, according to section 2 of the IFSCA Act?

Section 2. Application.This Act shall apply to the International Financial Services Centres set up under section 18 of the Special Economic Zones Act, 2005.

according to section 2 of the IFSCA Act?

A International Financial Services Centres set up under the Special Economic Zones Act, 2005

B International Financial Services Centres established under the Securities and Exchange Board of India Act, 1992

C International Financial Services Centres created under the Reserve Bank of India Act, 1934

D International Financial Services Centres formed under the Insurance Regulatory and Development Authority Act, 1999

E International Financial Services Centres established under the Companies Act, 2013

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To which financial centers does the IFSCA Act apply,

Solution