According to FEMA, foreign exchange does NOT include
A. Deposits payable in any foreign currency
B. Bills of exchange drawn in Indian currency but payable in any foreign currency
C. Travellers cheques drawn by institutions outside India but payable in Indian currency
D. Drafts drawn by banks outside India and payable in foreign currency
Answer: Option D
This Question Belongs to Commerce >> Business And Commerce
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
Join The Discussion