New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    Under the RBI’s guidelines for import of gold by

    Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers?
    A 7 days Correct Answer Incorrect Answer
    B 10 days Correct Answer Incorrect Answer
    C 11 days Correct Answer Incorrect Answer
    D 15 days Correct Answer Incorrect Answer
    E 30 days Correct Answer Incorrect Answer

    Solution

    The guidelines on the "Import of Gold by TRQ holders" allow advance payment for 11 days for Qualified Jewellers under the India-UAE CEPA.

    Practice Next