BANKING GENERAL KNOWLEDGE
Question
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FEMA was implemented by replacing FERA in which year?
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31.01.2002
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01.06.2000
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31.01.2000
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01.01.2003
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Explanation:
Detailed explanation-1: -FEMA was implemented by replacing FERA in which year? Notes: FEMA was promulgated in the year 1999, to repeal and replace the earlier act. The act came into force w.e.f 01.06. 2000.
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