GK
IMPORTANT ACTS OF THE PARLIAMENT OF INDIA
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Foreign Exchange Management Act____
|
|
1969
|
|
|
1979
|
|
|
1989
|
|
|
1999
|
Explanation:
Detailed explanation-1: -FOREIGN EXCHANGE MANAGEMENT ACT, 1999 (42 of 1999) The Central Govt. have established the Directorate of Enforcement with Director and other officers, for the purpose of taking up investigations of cases under the said Act.
Detailed explanation-2: -In terms of Section 10(1) of the FEMA, 1999 Reserve Bank is empowered to authorise any person to be known as authorised person to deal in foreign exchange as an authorised dealer or money changer.
There is 1 question to complete.