Multiple Choice
The statutory basis for administration of foreign exchange in India is
A) Foreign Exchange Regulation Act, 1973
B) Conservation of foreign Exchange and Prevention of Smuggling Act.
C) Foreign Exchange Management Act, 1999
D) Exchange Control Manual
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Foreign exchange transactions involve monetary transactions<br>A)among residents
Q3: Flexible Exchange Rate System is also known
Q4: If rupee is getting depreciated fast and
Q5: The larger fluctuations in portfolio value of
Q6: When one country manipulates exchange rate against
Q7: Other things remaining the unchanged, when in
Q8: Buyers and sellers of foreign exchange are<br>A)central
Q9: In a flexile exchange rate regime<br>A)central government
Q10: A foreign currency account maintained by a
Q11: A change from Rs. 140 = 2