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      Question

      FEMA, 1999, came into force replacing which

      Act?
      A Foreign Exchange Regulation Act (FERA) of 1973 Correct Answer Incorrect Answer
      B XB. Foreign Exchange Regulation Act (FERA) of 1970 Correct Answer Incorrect Answer
      C Foreign Exchange Regulation Act (FERA) of 1963 Correct Answer Incorrect Answer
      D Foreign Trade Regulation Act, 1974 Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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