The recent Nilesh Shah committee is related to
A. Regulate medical education in India
B. Working of capital market infrastructure institutions
C. Promote investment funds at IFSC
D. None of these
Explanation:
An Expert Committee on Investment Funds to recommend to International Financial Services Centres Authority (IFSCA) on the road map for the funds industry in the International Financial Service Centres IFSCs in India has been constituted by the IFSCA. The Committee has been constituted under the Chairmanship of Mr. Nilesh Shah, MD, Kotak Mahindra Asset Management Co. Ltd. The Fund Industry has been playing an increasingly important role in intermediating between seekers of capital and investors.
