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      Question

      Which of the following definitions accurately describes

      a "Member" as per FEMA?
      A A person appointed by the Reserve Bank of India Correct Answer Incorrect Answer
      B A person serving on the Board of Directors of a financial institution Correct Answer Incorrect Answer
      C A person who holds office in the Supreme Court of India Correct Answer Incorrect Answer
      D A person who is part of the Appellate Tribunal, including the Chairperson Correct Answer Incorrect Answer
      E A person who chairs meetings in government committees Correct Answer Incorrect Answer

      Solution

      Explanation: Section 2 Definitions (s) β€œMember” means a Member of the Appellate Tribunal and includes the Chairperson thereof.

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