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    Question

    In which year was the Foreign Exchange Management Act

    (FEMA) enacted to replace the Foreign Exchange Regulation Act (FERA)?
    A 1999 Correct Answer Incorrect Answer
    B 1998 Correct Answer Incorrect Answer
    C 2014 Correct Answer Incorrect Answer
    D 1992 Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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