The significant change in the new FEMA which has replaced FERA is that the emphasis from imprisonment will be shifted to:

adjudication

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compounding

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arbitration

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voluntary compliance

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Solution

The correct option is D
voluntary compliance

Option : (D)

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Similar questions

Consider the following statements with reference to FEMA in India:

Choose the correct statement(s):

In 1999, FEMA replaced a previous reform policy. Which one was it?

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