Question
Which of the following is a key function of the Reserve
Bank of India (RBI) under FEMA?ÂSolution
• Under the Foreign Exchange Management Act (FEMA), 1999, one of the key functions of the Reserve Bank of India (RBI) is to grant general or special permissions for dealing in foreign exchange and foreign securities. • Section 3 of FEMA prohibits dealing in foreign exchange except through authorized persons or with the RBI’s general or special permission. • RBI regulates foreign exchange transactions in India, issues guidelines, monitors cross-border transactions, and enforces FEMA provisions.
Through which of the following processes does alternating current (AC) get converted to direct current (DC)?
Which of the following years has been declared by the United Nations as the International Year of Forests?
In 2021, in which of the following states did the Prime Minister lay the foundation stone for the Raja Mahendra Pratap Singh State University?Â
Under the revised MSME classification effective 1 April 2025, which of these is the correct composite threshold for a micro enterprise?
Where is the Kakarapar Atomic Power Plant is located?
As of March 2024, who among the following is the Chairperson of the National Green Tribunal?
Which of the following refers to the minimum interest rate below which financial institutions can't lend, except in certain cases?
Which is the largest chemical fertilizer producer in India?
Who is known as the 'Missile Man of India'?
Pandit Ravi Shankar popularised which instrument in particular all over the world?
