Which one of the following transactions can be carried on without any restriction or regulation of the RBI under the FEMA?
A. Transfer for issue of any foreign security by a person resident in India
B. Transfer or issue of any foreign security by a person resident in India
C. Drawal of foreign exchange for payments due on account of amortisation of loans or for depreciation of direct investment
D. Export, import or holding of currency notes
Answer: Option C
This Question Belongs to Management >> International Finance And Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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