2. Sample Papers
  3. SSC

SSC Sample Paper SSC (Group-C) Sample Test Paper-1

  • question_answer
    Which of the following Act governs the foreign Exchange in India now?

    A)  FEMA              

    B)  LIBOR

    C)  FSI               

    D)  FERA

    Correct Answer: A

    Solution :

     The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India to consolidate and amend the law relating to foreign exchange in India. It replaced the Foreign Exchange Regulation Act (FERA).


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