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Reported Question / Answer
Q.) Many times we read about ‘Hawala’ transactions in newspapers. Hawala in India is prohibited under the provision of which of the following Acts ?
1)
Fiscal Responsibility and Budget Management Act
2)
Banking Regulation Act
3)
Financial action Task Force Act
4)
Foreign Exchange Management Act
5)
None of these
Answer :
4
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Human Verification : Answer 2 + 3 = ?
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