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Today General Knowledge(GK)
FERA in India has been replaced by
A)
FETA
B)
FENA
C)
FEPA
D)
FEMA

Correct Answer : Option (D) - FEMA



Foreign Exchange Regulation Act (FERA) was replaced by the Foreign Exchange Management Act (FEMA), 1999 which came in to effect from 1st June, 2000 in India.

Published On : June 26, 2021
Category : Indian Economy
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