Question

Consider the following statements about Foreign Exchange Management Act (FEM

  • A . I. It was enacted on 29 December 1999. II. FEMA came into force by an act of Parliament. III. FEMA replaced a Foreign Exchange Regulation Act (FER
  • A . Which of the following/s statement/s is/are correct?
A I
B II
C III
D I, II & III
E None of these
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