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What is FEMA ?

  • First Exchange Management Act
  • Foreign Exchequer Management Act
  • Foreign Exchange Management Act
  • Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

Similar Questions :

1. The Executive head of a state Government is ?

  • Chief Justice of High Court
  • The Governor
  • Chief Minister
  • Prime Minister

Answer: Option B

2. Who have written the book "Capital and Growth" ?

  • A. R. Rodon
  • Hicks
  • Adam Smith
  • Marshall

Answer: Option B

3. Banking regulation act was passed in ?

  • 1947
  • 1948
  • 1949
  • 1950

Answer: Option C

4. What is FEMA ?

  • First Exchange Management Act
  • Foreign Exchequer Management Act
  • Foreign Exchange Management Act
  • Foreign Evaluation Management Act

Answer: Option C

Explanation:

FEMA is Foreign Exchange Management Act, it came into force in July 2000. It replaced Foreign Exchange Regulation Act 1973.

5. Who was the father of Operation Flood ?

  • Dr. Norman Borlaug
  • Dr. M.S. Swaminathan
  • Dr. Verghese Kurien
  • Dr. William Gande

Answer: Option C

Explanation:

The "Operation flood" was the largest integrated dairy development programme of the world. It was started by National dairy development board in 1970.

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