CS Executive Paper 6 (ECIPL) Practice Questions - CS Executive Programme Paper 6 Economic, Commercial And Intellectual Property Laws Exam

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FEMA, 1999 classifies foreign exchange transactions into two broad categories. Which of the following correctly names them?

Trade and non-trade transactions Inward and outward transactions Current account and capital account transactions Debt and non-debt transactions

Correct Answer:

Current account and capital account transactions

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