Question

Which of the following transactions is a capital account transaction within the meaning of section 2(e) of the Foreign Exchange Management Act, 1999?

A Payment of medical expenses of a resident incurred while abroad
B Remittance of dividend by an Indian company to its foreign shareholders
C Payment for foreign travel undertaken by a resident Indian
D Remittance of interest payable on an external commercial borrowing
E An investment in securities by a person resident outside India
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