FEMA Forex Definition

IE-IFS Foreign Exchange Markets (IE-IFS) Free JAIIB Capsule 33 views Updated
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IE-IFS · Foreign Exchange Markets (IE-IFS)
Under Section 2(n) of FEMA 1999, 'foreign exchange' includes deposits and credits in any foreign currency. Does it include drafts drawn in Indian currency?
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Under Section 2(n) of FEMA 1999, 'foreign exchange' includes deposits and credits in any foreign currency. Does it include drafts drawn in Indian currency?

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This capsule covers Indian Economy & Indian Financial System, Foreign Exchange Markets (IE-IFS). Members get the complete explanation plus every other premium capsule, mock test and PDF.

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