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    Question

    The Foreign Exchange Management Act (FEMA) is related to

    what aspect?
    A Taxation Correct Answer Incorrect Answer
    B Export promotion Correct Answer Incorrect Answer
    C Foreign contribution Correct Answer Incorrect Answer
    D Trade policy Correct Answer Incorrect Answer
    E Industrial regulation Correct Answer Incorrect Answer

    Solution

    FEMA regulates foreign exchange transactions and aims to facilitate external trade and payments while maintaining the foreign exchange market's orderly development.

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