Economics · Foreign Exchange

Which institution regulates and approves foreign exchange allocations for the import of goods in India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1EXIM Bank
2Ministry of Finance
3Ministry of Commerce and Industry
4Reserve Bank of India✓

Correct answer

Reserve Bank of India

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Which institution regulates and approves foreign exchange allocations for the import of goods in India?

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Which institution regulates and approves foreign exchange allocations for the import of goods in India?

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