Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q25: Under the FEMA adjudication hierarchy, if a person is aggrieved by an order passed by the Adjudicating Authority (e.g., a Special Director of Enforcement), to whom does the first appeal lie?

A
The Reserve Bank of India (Governor).
B
The Appellate Tribunal (SAFEMA).
C
The High Court directly.
D
The Special Director (Appeals).
✅ Correct Answer: B
The Hierarchy of Appeals (Section 17-19): 1. Adjudicating Authority: The first level of decision-making (Assistant Director, Deputy Director, Special Director of ED). 2. Special Director (Appeals): Only if the order is passed by an Assistant Director or Deputy Director of Enforcement.
3. Appellate Tribunal: If the order is passed by a Special Director (Adjudicating Authority) OR by the Special Director (Appeals). Correction: Since the question specifies the order was passed by a Special Director acting as Adjudicating Authority, the appeal goes directly to the Appellate Tribunal (Section 19). It skips the Special Director (Appeals) level.
4. High Court: Second appeal against the Tribunal's order (on questions of law).