RBI has granted license to certain established firms, hotels and other organizations permitting them to deal in foreign currency notes, coins and travelers’ cheques. They are termed as ___________

Related MCQs

• When a company has receipts & payments in the same foreign currency due at the same time, it can use technique of managing foreign exchange risk.
• As per FEMA, no person, other than ________ would enter in any transactions of the foreign currency.
• When a company has receipts and payments in the same foreign currency due at the same time, it can use ___________technique of managing forex risk.
• _________ deal in currencies to benefit from movements in currency exchange markets.
•                can authorize a person/company to deal in foreign exchange.
• ____________ can authorize a person / company to deal in foreign exchange.
• Price of _________-- currency in terms of national currency.
• An account which is held within a domestic country by a foreign bank, in a currency of domestic country is known as account
• Foreign currency forward market is                        
•                    bond is issued in a local market by a foreign borrower, denominated in local currency