New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which RBI regulation was updated to encourage inward FDI

    and ease FEMA compliance?
    A ECB Guidelines Correct Answer Incorrect Answer
    B External Payments Management Act Correct Answer Incorrect Answer
    C Liberalized Remittance Scheme Correct Answer Incorrect Answer
    D Compounding of Contraventions under FEMA Correct Answer Incorrect Answer
    E Foreign Investment Promotion Board Regulations Correct Answer Incorrect Answer

    Solution

    RBI updated the Compounding of Contraventions under FEMA regulations to boost inward FDI.

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