Question

Under FEMA, current account transactions are generally what, unless restricted?

A Prohibited
B Always taxed
C Freely permitted subject to reasonable restrictions
D Requiring prior approval
E Banned outright
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)