Q319
Which type of institutions have been allowed to start functioning in Gujarat's GIFT City?
A.
Payment Banks
B.
NBFCs
AnswerC.
AIFIs
D.
Neo Banks
Answer: Option B
Solution
Answer: Option B
Solution:
Non-bank finance companies (NBFCs) both local and global, are allowed to start operations in Gujarat's GIFT City, by the International Financial Services Centre (IFSC).