Economics · Financial Regulations and Acts
Arrange the following statutory frameworks or Acts in chronological order of their original enactment (from the earliest to the latest): 1. Insurance Act2. Foreign Exchange Management Act (FEMA)3. Indian Trusts Act4. Securities Contracts (Regulation) Act (SCRA)5. Companies Act Select the correct answer using the code given below:
- 11, 4, 3, 5, 2
- 23, 4, 1, 5, 2
- 33, 1, 4, 2, 5✓
- 41, 3, 4, 2, 5
Correct answer
3, 1, 4, 2, 5
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