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


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    What is the new penalty cap set by RBI for FEMA

    violations?
    A ₹50,000 Correct Answer Incorrect Answer
    B ₹1 lakh Correct Answer Incorrect Answer
    C ₹2 lakh Correct Answer Incorrect Answer
    D ₹3 lakh Correct Answer Incorrect Answer
    E ₹5 lakh Correct Answer Incorrect Answer

    Solution

    RBI has capped penalties for FEMA violations at ₹2 lakh to simplify compliance and encourage foreign investments.

    Practice Next
    ask-question