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FERA stands for : 
  • a)
    Foreign exchange resources act 
  • b)
    Funds exchange resources act 
  • c)
    Foreign exchange regulation act 
  • d)
    Finance and export regulation association 
Correct answer is 'C'. Can you explain this answer?
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FERA stands for :a)Foreign exchange resources actb)Funds exchange reso...
The Foreign Exchange Regulation Act (FERA) was legislation passed in India in 1973 that imposed strict regulations on certain kinds of payments, the dealings in foreign exchange and securities and the transactions which had an indirect impact on the foreign exchange and the import and export of currency. The bill was formulated with the aim of regulating payments and foreign exchange.
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FERA stands for :a)Foreign exchange resources actb)Funds exchange reso...
C
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FERA stands for :a)Foreign exchange resources actb)Funds exchange resources actc)Foreign exchange regulation actd)Finance and export regulation associationCorrect answer is 'C'. Can you explain this answer?
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FERA stands for :a)Foreign exchange resources actb)Funds exchange resources actc)Foreign exchange regulation actd)Finance and export regulation associationCorrect answer is 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about FERA stands for :a)Foreign exchange resources actb)Funds exchange resources actc)Foreign exchange regulation actd)Finance and export regulation associationCorrect answer is 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for FERA stands for :a)Foreign exchange resources actb)Funds exchange resources actc)Foreign exchange regulation actd)Finance and export regulation associationCorrect answer is 'C'. Can you explain this answer?.
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