Foreign exchange regulation act 1973 (as amended up-to-date) (Record no. 1278)

MARC details
000 -LEADER
fixed length control field 02336nam a2200181Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220901094301.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 200202s9999 xx 000 0 und d
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 343.08 DUT
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Dutta, L.M.
245 #0 - TITLE STATEMENT
Title Foreign exchange regulation act 1973 (as amended up-to-date)
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Calcutta
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. International Law Book Centre
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1980
300 ## - PHYSICAL DESCRIPTION
Extent 568 p.
520 ## - SUMMARY, ETC.
Summary, etc. Foreign exchange is in short a system or process of converting one national currency into another, and of transferring the ownership of money from one country to another. The eventuality of earning or spending in terms of foreign exchange arises particularly in course of international trade and commerce of a country being called upon to export or import goods and services. Foreign exchange is, therefore, in dispensable in international transactions.<br/><br/>A developing country like India has to depend to a great extent on other countries for import of various goods and services including capital goods, expertise etc., required for her developmental projects. Moreover, she is called upon to import certain essential commodities in which she happens to be deficient. Her exports, though coming up. are not adequate to balance her imports. The gap has of late become wide on account of the recent hike of petroleum crude prices which India is required to pay.<br/><br/>In this context, the necessity for augmenting foreign exchange earnings, and judicious use of the same have become all the more imperative. At the same time, continuous efforts are required to bring the exchange earnings to book, and plug any possible leakage of the same. With this end in view, there has been more and more rigid vigilance and control on the foreign exchange earnings and spendings through statutory restrictions and procedural regulations. While the Central Government is empowered under the Act to prescribe the broad measures of control by way of framing Rules etc. the Reserve Bank is entrusted to lay down the detailed procedures, and act as a watch dog on foreign exchange transactions. For this purpose, as authorised under the Act, the Reserve Bank has drawn up detailed procedures and forms for different matters involving earning or spending of foreign exchange, actual or potential.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Foreign exchange -Law
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Source of acquisition Total checkouts Full call number Barcode Date last seen Price effective from Koha item type
  Not Missing Not Damaged   Gandhi Smriti Library Gandhi Smriti Library 2020-02-02 MSR   343.08 DUT 1454 2020-02-02 2020-02-02 Books

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