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    Question

    Within how many days must a startup report the issuance

    of convertible notes to non-residents to the RBI?
    A 15 days Correct Answer Incorrect Answer
    B 30 days Correct Answer Incorrect Answer
    C 45 days Correct Answer Incorrect Answer
    D 60 days Correct Answer Incorrect Answer
    E 90 days Correct Answer Incorrect Answer

    Solution

    FEMA regulations require startups to report foreign inflows from convertible notes via Form CN within 30 days of issuance.

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