New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Who has been vested with the power to make provisions

    relating to imports and exports as per section 3 of the Foreign Trade (Development and Regulation) Act?
    A Director General Correct Answer Incorrect Answer
    B Central Government Correct Answer Incorrect Answer
    C Appellate Authority Correct Answer Incorrect Answer
    D Adjudicating Authority Correct Answer Incorrect Answer
    E Central Government on the recommendation of the Director General Correct Answer Incorrect Answer

    Solution

    Section 3. Powers to make provisions relating to imports and exports— (1) The Central Government may, by Order published in the Official Gazette, make provision for the development and regulation of foreign trade by facilitating imports and increasing exports.

    Practice Next