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    Question

    Who has been permitted to remit advance payment on

    behalf of Qualified Jewellers for import of gold through India International Bullion Exchange IFSC Ltd (IIBX)?
    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B International Financial Services Centres Authority (IFSCA) Correct Answer Incorrect Answer
    C Directorate General of Foreign Trade (DGFT) Correct Answer Incorrect Answer
    D India International Bullion Exchange IFSC Ltd (IIBX) Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has permitted AD Category-I banks to remit advance payment on behalf of Qualified Jewellers for import of gold through India International Bullion Exchange IFSC Ltd (IIBX).

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