Economics · Foreign Exchange Management
Match List I (FEMA Provision) with List II (Description): List I A. Current Account Transactions B. Capital Account Transactions C. Authorised Dealers D. Adjudication Mechanism List II I. Day-to-day transactions like trade payments and short-term banking facilities II. Transactions that alter assets or liabilities outside India of Indian residents or vice versa III. Entities authorised by RBI to deal in foreign exchange or foreign securities IV. Resolution of violations through inquiry and imposition of penalties Select the correct match:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A–III, B–IV, C–I, D–II
- 2A–II, B–I, C–IV, D–III
- 3A–I, B–II, C–III, D–IV✓
- 4A–I, B–III, C–II, D–IV
Correct answer
A–I, B–II, C–III, D–IV
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