1

Rahul, Son of Mr. Manish was going to USA under cultural exchange program of his college. For meeting Rahuls expenses in USA, Mr. Manish purchased 5000 USD from authorized person on 15th February 2018. Rahul came back to India on 15th March 2018. At time of his return to India he was having 1850 USD unspent with him. Which option is best suited for above situation: –

  • A

    Unspent forex surrendered to authorized person in 180 days from date of return to India

  • B

    Unspent forex surrendered to authorized person in 180 days from date of purchase of forex.

  • C

    Unspent forex surrendered to authorized person in 90 days from date of return to India.

  • D

    Unspent forex not exceeding 2000 USD may be retained by a person resident in India.