The Foreign Exchange Regulations Act was replaced by which act?

– by
Question:

The Foreign Exchange Regulations Act was replaced by which act?

A.

The Foreign Exchange Rule Act

B.

The Foreign Exchange Management Act

C.

The Frontiers Exchange Regulation Act

D.

The Frontiers Exchange Rule Act

Answer» b. The Foreign Exchange Management Act

Note: The above multiple-choice question is for all general and Competitive Exams in India.