What is correct meaning of transfer pricing 1 It is a process involving transfer of money in bank 2 ...........

General Knowledge (judicial) Banking Awareness

What is correct meaning of transfer pricing:

1. It is a process involving transfer of money in bank

2. It is a process involving transfer of money between governments

3. It is the practice of setting prices in transactions between group companies based in different countries, on an arm’s length basis.

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Only 1

Only 2

Only 3

None of these.

Only 3

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