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UPSC Prelims 1996Question 51Economy

Hawala transactions relate to payments

Options

  1. (a)received in rupees against overseas currencies and vice versa without going through the official channels
  2. (b)received for sale/transfer of shares without going through the established stock exchanges
  3. (c)received as commission for services rendered to overseas investors/buyers/ sellers in assisting them to get over the red tape and/or in getting preferential treatment
  4. (d)made to political parties or to individuals for meeting election expenses

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