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Banking General Awareness Industry, Trade and International Organisation Question Bank Industry, Trade and International Organisation

  • question_answer
    What is cross border exchange?                                                                                         [Allahabad Bank 2011]

    A)  Trading of foreign currency in India

    B)  Trading of Indian rupee in exchange of other Currencies/goods

    C)  Hawala transactions in Indian rupee

    D)  Unauthorised remittance of Indian rupee

    E)  None of the above

    Correct Answer: B

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