General Studies · FEMA Guidelines
The Reserve Bank of India issues directions to Authorised Persons under Section 11 of the Foreign Exchange Management Act (FEMA), 1999. Under these guidelines, the liberalised uniform time limit of how many days for surrendering unused foreign exchange is applicable to resident individuals?
- 1180 days✓
- 2160 days
- 3150 days
- 4120 days
Correct answer
180 days
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