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    Question

    IFSC stands

    for_____________
    A International Service Company Correct Answer Incorrect Answer
    B International Financial Company Correct Answer Incorrect Answer
    C International Financial Service Company Correct Answer Incorrect Answer
    D International Financial Standard Company Correct Answer Incorrect Answer

    Solution

    An International Financial Services Company is one which provides to the customers outside the jurisdiction of the domestic economy. They are ‘international’ because they deal with the flow of finance and financial products/services across borders which includes banking, insurance, asset management, and a well-structured and fully developed capital market.

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