IFSCA stands for
International Financial Services Centres Authority
Understanding IFSCA Full Form
The question asks to identify the correct full form of the acronym IFSCA from the given options.
Analyzing the Options for IFSCA
Let's examine each option to determine the correct expansion of IFSCA:
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Option 1: International Fiscial Services City Authority
This option is incorrect due to the misspelling of "Financial" as "Fiscial" and the incorrect term "City" instead of "Centres".
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Option 2: International Fiscial Services Centres Authority
This option is incorrect because it misspells "Financial" as "Fiscial".
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Option 3: Indian Financial Services Centres Authority
This option is incorrect as it begins with "Indian" instead of "International". IFSCA refers to an international body.
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Option 4: International Financial Services Centres Authority
This option correctly spells all terms and uses the accurate phrasing "International Financial Services Centres Authority". This is the established full form of IFSCA.
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Option 5: International Financial Services City Authority
This option is incorrect because it uses the term "City Authority" instead of the correct term "Centres Authority".
Conclusion on IFSCA Expansion
Based on the analysis, the only option that accurately represents the full form of IFSCA is "International Financial Services Centres Authority". This organization regulates the financial services in International Financial Services Centres (IFSCs) in India.
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