- Registration of fund management entities with IFSCA is a must, provided they meet the eligibility criteria.
- Venture capital schemes seeking money only from accredited investors, shall be eligible for Green channel.
- To give global exposure to investment funds, IFSCA has allowed the launch of Active ETF as well as Commodity-based ETFs. (ETF - Externally Traded Fund).
- To address the issue of NPA faced by Banks, a framework has been prescribed for special situation funds to be launched by fund managers in IFSC.
Question:
Q.1 Where is IFSCA situated?a. Gandhinagar
b. Mumbai
c Jamnagar
d. Chennai
