📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      Under The Foreign Exchange Management Act, 1999, which

      of the following correctly describes the treatment of current account transactions?
      A Always prohibited Correct Answer Incorrect Answer
      B Prohibited unless specifically permitted Correct Answer Incorrect Answer
      C Permitted unless specifically prohibited Correct Answer Incorrect Answer
      D Managed solely by the RBI Correct Answer Incorrect Answer

      Solution

      The correct answer is C

      Practice Next

      Relevant for Exams:

      ask-question