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Hawala transactions relate to payments


Options:
A .   received in rupees against overseas currencies and vice versa without going through the official channels
B .   received for sale/transfer of shares without going through the established stock exchanges
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
D .   made to political parties or to individuals for meeting election expenses
Answer: Option A
:
A
 
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