What is cross border exchange? [Allahabad Bank 2011]

Hawala transactions in Indian rupee

Trading of foreign currency in India

Trading of Indian rupee in exchange of other Currencies/goods

Unauthorised remittance of Indian rupee

What is cross border exchange?

1.	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
Answer» C. Hawala transactions in Indian rupee

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What is cross border exchange? [Allahabad Bank 2011]

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