CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has been appointed as the 1st chairman of the International Financial Services Centre Authority for a 3 years term?
A
Injeti Srinivas
B
Sumanta Chaudhury
C
Anant Narayan Nanda
D
Arun Goel
Explanation: 

Detailed explanation-1: -The correct answer is Injeti Srinivas.

Detailed explanation-2: -Injeti Srinivas is the first Chairperson of IFSCA.

Detailed explanation-3: -Mr. Injeti Srinivas and the IFSCA have the challenging task of building a vibrant, large, reputed and respectable international services centre in the face of stiff competition from other established world centres.

Detailed explanation-4: -As Head of the Insolvency Law Committee, he pushed for the inclusion of home buyers as financial creditors under the IBC for housing projects to ensure they had powers to make construction firms accountable. Srinivas has been instrumental in pushing through significant reforms in the corporate and finance sectors.

Detailed explanation-5: -Gujarat International Finance Tec-City (GIFT City) would be the country’s first IFSC, with which top bourses BSE and NSE signed MOUs for setting up International exchanges there.

There is 1 question to complete.