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    Question

    As per FEMA _________means an authorised dealer, money

    changer, off-shore banking unit or any other person for the time being authorised to deal in foreign exchange or foreign securities 
    A Licensed Trader Correct Answer Incorrect Answer
    B Authorized Person Correct Answer Incorrect Answer
    C Competent Person Correct Answer Incorrect Answer
    D Accredited Institution Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Section  2  Definitions: (c)  “authorised  person”  means  an authorised dealer, money changer, off-shore banking unit or any other person for the time being authorised under sub-section (1) of section 10 to deal in foreign exchange or foreign securities.

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