Economics · Banking and Forex
Which of the following is not an authorized platform for residents in India to execute permitted forex transactions electronically?
- 1An authorized dealer (AD Category-I) bank authorized by the RBI
- 2Any unauthorized online platform offering forex trading services✓
- 3An electronic trading platform authorized by the Reserve Bank of India (RBI)
- 4A recognized stock exchange
Correct answer
Any unauthorized online platform offering forex trading services
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