Economics · Foreign Exchange
Which institution regulates and grants general permission for foreign exchange transactions related to the import of goods into India?
- 1Directorate General of Foreign Trade (DGFT)
- 2Export-Import Bank of India (EXIM Bank)
- 3Reserve Bank of India (RBI)✓
- 4Securities and Exchange Board of India (SEBI)
Correct answer
Reserve Bank of India (RBI)
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