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      Question

      The main objective of ______ is to facilitate external

      trade and payments and promote the orderly development and maintenance of the foreign exchange market in India.
      A IREDA Correct Answer Incorrect Answer
      B TRAI Correct Answer Incorrect Answer
      C SEBI Correct Answer Incorrect Answer
      D FEMA Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The main objective of FEMA is to facilitate external trade and payments and promote the orderly development and maintenance of the foreign exchange market in India.

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