FERA was replaced by ________.

FEMA

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FEMINA

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FENA

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FIFA

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Solution

The correct option is A FEMA
In 1999 the Foreign Exchange Management Act replaced the Foreign Exchange Regulation Act. This act makes offences related to foreign exchange civil offences.

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FERA was replaced by ________.

The correct option is A FEMAIn 1999 the Foreign Exchange Management Act replaced the Foreign Exchange Regulation Act. This act makes offences related to foreign exchange civil offences.

The correct option is A FEMA
In 1999 the Foreign Exchange Management Act replaced the Foreign Exchange Regulation Act. This act makes offences related to foreign exchange civil offences.