Economics · Indian Economy
On which date did the Foreign Exchange Management Act (FEMA) come into force, replacing the Foreign Exchange Regulation Act (FERA)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1January 1, 1999
- 2April 1, 2001
- 3December 31, 1995
- 4June 1, 2000✓
Correct answer
June 1, 2000
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