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Where was the headquarters of International Financial Services Centres Authority (IFSCA) set up in India in April 2020?
1. Bhopal
2. Bengaluru
3. Mumbai
4. Gandhinagar

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Correct Answer - Option 4 : Gandhinagar

The correct answer is Gandhinagar.

  • The International Financial Services Centres Authority (IFSCA) was established in April 2020.
  • International Financial Services Centre Authority is a statutory body that was established through IFSCA Act 2019.
  • It was established on April 27, 2020, and is headquartered in Gandhinagar Gujarat.
  • It consists of a total of 9 members appointed for a term of three years.
  • There will be one member nominated by RBI, IRDA, SEBI, and PFRDA each.
  • It also consists of two members from the central government and the other two members are nominated by a selection committee.

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