Question

What restriction is placed on Special Category Clients (SCC Banks) when importing gold and silver through the India International Bullion Exchange (IIB

  • X , according to the April 2024 circular?
A They can only place sell orders
B They cannot trade on behalf of individual clients
C They are allowed to place only buy orders on the IIBX
D They can engage in both buying and selling of bullion
E They must partner with domestic traders for transactions
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