Foreign Exchange Management

1.

What is the full form of FEMA?

Foreign Exchange Management Act

Foreign Exchange Management Agency

Foreign Emergency Managing agent

Foreign Exchange Management Agency

2.

FEMA was introduced in which of the following year?

1990

1989

1999

1991

3.

What is full form of Forex?

Foreign Exemption

Foreign Exchange

Foreign Expert

Foreign Expansion

4.

What is the full form of FERA?

Foreign Exchange Regulation Act

Foreign Exchange Regulation Agency

Foreign Exchange Repulsive Agent

Foreign Expert Regulation Act

5.

Forex is generally maintained by which of the following?

Commercial bank of that country

Central Bank of that country

Central government of that country

None of the above