Q. In November 2017, RBI simplified ‘FEMA’ by putting all amendments under one notification. What does ‘E’ stand for in ‘FEMA’?
A) Exchange
B) Enterprise
C) Estate
D) Evaluate
✔ Correct Answer: Exchange
Exam Insight
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A) Exchange
B) Enterprise
C) Estate
D) Evaluate
✔ Correct Answer: Exchange
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