The penalty for the contravention of foreign trade rules is decided by.
A. The Appellate authority
B. The Adjudicating authority
C. The Competing authority
D. The Regional Licensing Authority
Answer: Option B
Solution (By Examveda Team)
The penalty for the contravention of foreign trade rules is decided by The Adjudicating authority. The Central Government shall, by notification, appoint one or more Adjudicating Authorities to exercise jurisdiction, powers and authority conferred by or under this Act.This Question Belongs to Management >> International Finance And Treasury
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