Economics · Indian Economy
Which Act was replaced by the Foreign Exchange Management Act (FEMA), 1999?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1PDS Act
- 2FERA (Foreign Exchange Regulation Act)✓
- 3Uttar Pradesh Special Act
- 4None of the above
Correct answer
FERA (Foreign Exchange Regulation Act)
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