Question
________ has permitted AD Category-I banks to remit
advance payment on behalf of Qualified Jewellers for import of gold through India International Bullion Exchange IFSC Ltd (IIBX)?Solution
The Reserve Bank of India (RBI) has permitted AD Category-I banks to remit advance payment on behalf of Qualified Jewellers for import of gold through India International Bullion Exchange IFSC Ltd (IIBX).
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