Which organisation permits Banking Units to transfer of assets through participation agreements?

1. 

Which organisation permits Banking Units to transfer of assets through participation agreements?
[A]. IMF
[B]. World Bank
[C]. IFSCA
[D]. RBI

Answer: Option C

Explanation:

The International Financial Services Centres Authority (IFSCA) allowed Banking Units (BUs) to transfer assets to/from other financial institutions through any internationally recognized standard risk participation agreement.

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