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The Reserve Bank of India has asked banks authorised to deal in foreign exchange (Authorised Dealer-I banks) to share data with whom?

1. Ministry of Finance
2. Securities and Exchange Board of India
3. Directorate of Revenue Intelligence
4. Intelligence Bureau

Correct answer: Directorate of Revenue Intelligence

Solution

The RBI asked Authorised Dealer-I banks to share relevant foreign exchange data with the Directorate of Revenue Intelligence. This helps in monitoring and investigating possible violations related to foreign exchange and revenue.

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