Current Affairs · Banking & Financial Regulations
Which of the following statements correctly apply the revised fee structure announced by the International Financial Services Centres Authority (IFSCA) for financial schemes in GIFT IFSC? 1. The new filing fee structure for Retail and Exchange-Traded Fund (ETF) schemes becomes operational immediately starting in the financial year 2025-26. 2. Filing fees for Retail and Exchange-Traded Fund (ETF) schemes will be reduced from $22,500 to $15,000. 3. Registration fees for Global In-House Centres (GICs) have been reduced from $12,500 to $7,500 to facilitate easier market entry for asset managers. 4. The 33% reduction in filing fees for applicable schemes results in a practical financial saving of $7,500 per application for the entity. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 14 only
- 21, 2 and 3 only
- 32 and 4 only✓
- 41 and 2 only
Correct answer
2 and 4 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking & Financial Regulations MCQs →Want more practice questions on Banking & Financial Regulations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking & Financial Regulations