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Answer : 3. "2002"
FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.
5Q:
FEMA (Foreign Exchange Management Act) was finally implemented in the year_____.
- 11991false
- 21997false
- 32002true
- 42007false
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Answer : 3. "2002"
Explanation :
Foreign Exchange Management Act, 1999 (FEMA) came into force by an act of Parliament. It was enacted on 29 December 1999.