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 The FERA has been replaced by ________.
  • a)
    MRTP Act
  • b)
    FEMA
  • c)
    IRDA
  • d)
    None of the above.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
The FERA has been replaced by ________.a)MRTP Actb)FEMAc)IRDAd)None of...
Finally, in 1999 the FEMA was passed which replaced the FERA, though certain provisions of FERA 1973 still exist under FEMA 1999. To promote of an orderly maintenance of the foreign exchange market In India.
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The FERA has been replaced by ________.a)MRTP Actb)FEMAc)IRDAd)None of the above.Correct answer is option 'B'. Can you explain this answer?
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