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      Question

      What is the full form of FEMA in financial

      regulation?
      A Foreign Economic Management Act Correct Answer Incorrect Answer
      B Financial Export Management Act Correct Answer Incorrect Answer
      C Foreign Exchange Management Act Correct Answer Incorrect Answer
      D Fiscal Exchange Monitoring Act Correct Answer Incorrect Answer
      E Financial Engagement and Monitoring Act Correct Answer Incorrect Answer

      Solution

      FEMA stands for Foreign Exchange Management Act, which regulates foreign exchange transactions in India.

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