Question

The Reserve Bank of India (RBI) has issued an updated alert list of entities that are not authorized to deal in foreign exchange (forex) transactions or operate electronic trading platforms (ETPs) for forex.In this latest update, how many platforms/ websites have been added? 

A 4 Correct Answer Incorrect Answer
B 6 Correct Answer Incorrect Answer
C 8 Correct Answer Incorrect Answer
D 10 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Reserve Bank of India (RBI) has issued an updated alert list of entities that are not authorized to deal in foreign exchange (forex) transactions or operate electronic trading platforms (ETPs) for forex. The bank has added eight names of platforms/websites. Earlier RBI issued the list of 48 entities in this regard.

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