Question Detail

What is FEMA ?

First Exchange Management Act
Foreign Exchequer Management Act
Foreign Exchange Management Act
Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

Similar Questions :

1. National Sample Survey Organisation (NSSO) was established in

1947
1948
1949
1950

Answer: Option D

2. National Rural Employment Programme started in ?

1979
1980
1981
1982

Answer: Option B

3. India is the largest milk producing country in the world .

True
False

Answer: Option A

4. Pradhan Mantri Gramodaya Yojana started in ?

1999
2000
2001
2002

Answer: Option B

Explanation:

It was started to fulfil the basic requirements of rural areas.

5. Industrial Development Bank of India (IDBI) established in

1964
1965
1966
1967

Answer: Option A

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