Question

    According to the guidelines on the India-UAE Comprehensive Economic Partnership Agreement (CEPA), which entity is responsible for overseeing the import of gold under the Tariff Rate Quota (TRQ)?

    A Ministry of Commerce Correct Answer Incorrect Answer
    B Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    C International Financial Services Centres Authority (IFSCA) Correct Answer Incorrect Answer
    D Directorate General of Foreign Trade (DGFT) Correct Answer Incorrect Answer
    E Indian Bullion and Jewellers Association Correct Answer Incorrect Answer

    Solution

    As per the RBI circular "Guidelines on the Import of Gold by TRQ Holders under India-UAE CEPA" that the IFSCA is responsible for overseeing the process.

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