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What are the categories of transactions under the current account according to FEMA?a)Prohibited transactions, transactions requiring central government's permission, and transactions requiring RBI's permissionb)Capital account transactions, current account transactions, and authorized transactionsc)Authorized transactions, transactions requiring government approval, and prohibited transactionsd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What are the categories of transactions under the current account according to FEMA?a)Prohibited transactions, transactions requiring central government's permission, and transactions requiring RBI's permissionb)Capital account transactions, current account transactions, and authorized transactionsc)Authorized transactions, transactions requiring government approval, and prohibited transactionsd)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are the categories of transactions under the current account according to FEMA?a)Prohibited transactions, transactions requiring central government's permission, and transactions requiring RBI's permissionb)Capital account transactions, current account transactions, and authorized transactionsc)Authorized transactions, transactions requiring government approval, and prohibited transactionsd)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.

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