Current Affairs · Banking and Economy
With reference to the RBI guidelines issued in April 2025 regarding exports through warehouses in 'Bharat Mart' in the UAE, which of the following statements are correct? 1. AD banks may allow exporters to realize the full export value of goods within 12 months from the date of sale from the warehouse. 2. Indian exporters with a valid Importer Exporter Code can open and hire warehouses in Bharat Mart without any pre-conditions after verification. 3. The directions for these export relaxations are issued under the Foreign Exchange Management Act (FEMA), 1999.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2
- 2Both 2 and 3✓
- 3Only 3
- 4Only 2
Correct answer
Both 2 and 3
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