πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    Question

    You plan to travel to Europe during summer holidays and

    need Euro for that; where will go to buy Euro by paying INR:
    A Public Debt department of RBI Correct Answer Incorrect Answer
    B Ministry of External Affairs Correct Answer Incorrect Answer
    C Ministry of Finance Correct Answer Incorrect Answer
    D Any bank branch which is appointed as Authorised Dealer Correct Answer Incorrect Answer
    E Any one of the above Correct Answer Incorrect Answer

    Solution

    The forex market in India is regulated by Reserve Bank of India. Authorized money changers and Authorized money dealers play a major role in Forex transactions.

    Practice Next
    More Economy and Banking and Finance Static Concepts Questions
    ask-question