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<h1>Prohibition on drawal of foreign exchange: bans travel to Nepal or Bhutan and transactions with residents; RBI may exempt.</h1> Prohibition on drawal of foreign exchange bars drawal for transactions listed in Schedule I, for travel to Nepal or Bhutan, and for transactions with persons resident in Nepal or Bhutan, with the Reserve Bank of India empowered to exempt transactions involving residents of Nepal or Bhutan under specified terms and conditions.