Question

The term foreign currency is defined in

A IFSCA Act Correct Answer Incorrect Answer
B FEMA Act Correct Answer Incorrect Answer
C RBI Act Correct Answer Incorrect Answer
D Banking Regulations Act Correct Answer Incorrect Answer
E SEBI Act Correct Answer Incorrect Answer

Solution

(f) “foreign currency” shall have the meaning assigned to it in clause (m) of section 2 of the Foreign Exchange Management Act, 1999 (42 of 1999)

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