Start learning →

Rules under FEMA, such as the Non-debt Instruments Rules, are made by:

AThe SEBI chairman
BThe Reserve Bank
CThe Tribunal bench
DCentral Government
Answer & Solution
Correct answer: D. Central Government
Section 46 vests rule-making in the Central Government, while regulations are the RBI's domain.
Practise this question with Quill — CA Inter →

Keep practising Foreign Exchange Management Act 1999

Browse all Foreign Exchange Management Act 1999 questions for CA Inter, or explore more Law topics.

Start a Foreign Exchange Management Act 1999 lesson →
Related questions
Who may regulate a non-resident's setting up of a branch office in India?FEMA borrows the meaning of chartered accountant from:Contraventions under FEMA are treated as:Under FERA, an accused was presumed:FEMA aims at promoting orderly development and maintenance of the:A company receiving FDI files which annual FEMA return?Which of these falls within the meaning of currency in FEMA?Under FEMA, import means bringing into India: