Which of the following regulatory body in India is responsible for enforcing Foreign Exchange Management Act (FEMA)?


(a) Securities and Exchange Board of India (SEBI)
(b) Reserve Bank of India (RBI)
(c) Ministry of Finance
(d) Securities Appellate Tribunal (SAT)

Ans.(b)
Sol. RBI is the regulatory body responsible for enforcing FEMA and ensuring compliance with its provisions.

Take Mock Tests

Government Schemes Mock Test Start Test!
Political Science Mock Test – 42 Start Test
History Test – 190 Start Test
Quantitative Aptitude Test Start Test!
Data Interpretation - Mock Test Start Test!
General Awareness - Mock Test Start Test!
Reasoning Ability - Mock Test Start Test!
We will be happy to hear your thoughts

Leave a reply

Gkseries.com
Logo
Register New Account