Which one of the following statements is correct with reference to FEMA in India?

examrobotsa's picture
Q: 58 (IAS/2003)
Which one of the following statements is correct with reference to FEMA in India?

question_subject: 

Current Affairs

question_exam: 

IAS

stats: 

0,10,48,29,9,10,10

keywords: 

{'fema': [0, 0, 1, 1], 'foreign exchange regulation act': [1, 0, 1, 0], 'fera': [1, 0, 1, 0], 'foreign exchange management act': [0, 0, 1, 0], 'foreign exchange rules': [0, 0, 1, 0], 'criminal offence': [0, 0, 2, 1], 'violation': [3, 0, 3, 4], 'enforcement directorate': [0, 0, 1, 1], 'india': [8, 1, 7, 13], 'investigation': [1, 0, 1, 1], 'sunset clause': [0, 0, 1, 0]}