Economics · Foreign Trade and FEMA
Under the Foreign Exchange Management Act (FEMA), 1999, violations of foreign exchange provisions are primarily classified as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Non-punishable procedural lapses
- 2Non-compoundable criminal acts
- 3Civil offences✓
- 4Criminal offences
Correct answer
Civil offences
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