Question

According to FEMA no person resident in India shall _______________

A Acquire, hold, own, possess or transfer any foreign exchange
B Acquire, hold, own, possess or transfer any foreign security and any immovable property situated outside India
C Acquire, hold, own, possess or transfer any foreign exchange, foreign security or any immovable property situated in India
D Acquire, hold, own, possess or transfer any foreign exchange, foreign security or any immovable property situated outside India
E Acquire, hold, own, possess or transfer any foreign exchange, foreign security or any immovable property situated in or outside India
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