Multiple choice general knowledge culture

It is illegal to take Indian currency (rupees) out of India

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Under the Foreign Exchange Management Act (FEMA), Indian currency notes (rupees) are generally prohibited from being exported out of India. While small amounts (up to Rs. 25,000 for certain travelers) were previously permitted, current regulations strictly forbid taking Indian currency abroad, making this statement true.

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