Accounting · Foreign Exchange Management Act (FEMA)
Under the Foreign Exchange Management Act (FEMA), an 'authorised person' does NOT include:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An authorised dealer
- 2An exchange broker✓
- 3An authorised money changer
- 4An off-shore banking unit
Correct answer
An exchange broker
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