Law · Corporate and Foreign Exchange Laws
Which of the following acts provides the core regulations for the 'Transfer or issue of security by a person resident outside India'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Foreign Exchange Management Act (FEMA)✓
- 2Securities and Exchange Board of India Act (SEBI)
- 3Prevention of Money Laundering Act (PMLA)
- 4Foreign Contribution (Regulation) Act (FCRA)
Correct answer
Foreign Exchange Management Act (FEMA)
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