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Hawala transactions relate to payments

Hawala transactions relate to payments

(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:

Explanation