Corporate and Other LawsQuestion 5406 of 221
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10. For the purpose of cultural tours, approval of which Ministry is required to be obtained ?

Options

AMinistry of Human Resources Development
BMinistry of External Affairs
CMinistry of Home Affairs
DMinistry of Commerce and Industry
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Correct Answer

Option AMinistry of Human Resources Development

All Options:

  • AMinistry of Human Resources Development
  • BMinistry of External Affairs
  • CMinistry of Home Affairs
  • DMinistry of Commerce and Industry

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Detailed Solution & Explanation

Under Schedule II of the Foreign Exchange Management (Current Account Transactions) Rules, 2000, remittance of foreign exchange for cultural tours requires prior approval of the Ministry of Human Resource Development (specifically the Department of Education and Culture).
Hence, **Option A** is the correct answer.

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