Current Affairs - State - Discussion
Discussion Forum : State - Latest Current Affairs (Q.No. 3778)
3778.
The Draft banking regulations 2020 has been approved by International Financial Services Centers authority. The meeting is conducted in which Union territory?
Answer: Option
Explanation:
International Financial Services Centre's Authority (IFSCA) has conducted a meeting in New Delhi. The IFSC Authority approved the International Financial Services Centre's Authority (Banking) Regulations, 2020 in the meeting. The draft banking regulations approved at the meeting opens the way for making rules for the various aspects of banking operations that would be permissible at the IFSC. As banking plays an important role at IFSC, banking regulations will help it in reaching its desired potential.
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