Question
The FEMA act replaced the erstwhile FERA Act. In which
year was FEMA Act passed?Solution
Foreign Exchange Regulation Act was first introduced in 1947. This was later replaced by The Foreign Exchange Regulation Act (FERA),1973. FERA imposed stringent regulations on foreign exchange transactions. Its main objective was to conserve foreign exchange which was scarce during that period to prevent its misuse. In the light of economic liberalization and improving foreign reserves position, there was a demand for modification of FERA. Accordingly, a new act, Foreign Exchange Management Act (FEMA) 1999 replaced FERA. The Act comprises of 49 sections divided into 7 chapters.

What will come in place of '?' in the following equation, if '+' and '÷' are interchanged and '×' and '–' are interchanged? Â
56 × 16 + 8 ...
If 18 August 2000 was Friday, then what was the day of the week on 21 August 2005?
Select the number from the given options to complete the series.
35, 38, 43, 50, 59, ___
‘A + B’ means ‘A is the brother of B’.
‘A – B’ means ‘A is the wife of B’.
‘A × B’ means ‘A is the father of B’...
In a certain code language, 'MINT' is coded as '9735' and 'NEAR' is coded as '4568'.
What is the code for 'N' in the given code language?Â
Statements:
Some mugs are jars.
All jars are bottles.
All glasses are mugs.
Conclusions:
I. All glasses are jars....
If G means '–', C means '×', D means '+', B means '÷', then what will come in place of the question mark (?) in the following equation?
13 C ...
Three of the following letter-clusters are alike in some manner and one is different.
Select the one that is different.
 In a certain code language, ‘i know you’ is written as ‘mo rc tp’ and ‘do they know’ is written as ‘hk mo be’. How is ‘know’ writt...