Which of the following activities are permitted by the RBI for a company engaged in manufacturing and trading activities aboard to set up branch office in India? (i) To conduct research work....

Which of the following activities are permitted by the RBI for a company engaged in manufacturing and trading activities aboard to set up branch office in India?

(i) To conduct research work. (iii) Both (i) and (ii).

(ii) To render professional or consultancy work. (iv) Neither (i) nor (ii).