Powers and Functions of Authorised Persons

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Who is an Authorised Person under the Foreign Exchange Law?

  1. A person authorised by the Reserve Bank of India to deal in foreign exchange.
  2. A person authorised by the Government of India to deal in foreign exchange.
  3. A person authorised by the Ministry of Finance to deal in foreign exchange.
  4. A person authorised by the Directorate of Enforcement to deal in foreign exchange.
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