2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which state has signed an agreement with the Monetary Authority of Singapore (MAS) to promote innovation in financial services in their respective markets
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Tamil Nadu
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Maharashtra
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Karnataka
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Andhra Pradesh
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Explanation:
Detailed explanation-1: -AHMEDABAD: Singapore’s integrated financial regulator, the monetary authority of Singapore (MAS) on Sunday signed a fintech cooperation agreement with the International Financial Services Authority (IFSCA) to facilitate regulatory collaboration and partnership in fintech.
Detailed explanation-2: -The Monetary Authority of Singapore’s (MAS) goal is to ensure price stability as a basis for sustainable economic growth. When inflation is low and stable, there is less uncertainty about returns on long-term investments, and firms can plan further ahead. It also helps to ensure a competitive export industry.
Detailed explanation-3: -MAS is led by Mr Ravi Menon, our managing director.
There is 1 question to complete.