Start learning →

FEMA aims at promoting orderly development and maintenance of the:

ACommodity futures market
BDomestic money market
CForeign exchange market
DGovernment bond market
Answer & Solution
Correct answer: C. Foreign exchange market
The Act's stated objective includes facilitating external trade and an orderly foreign exchange market.
Practise this question with Quill — CA Inter →

Keep practising Foreign Exchange Management Act 1999

Browse all Foreign Exchange Management Act 1999 questions for CA Inter, or explore more Law topics.

Start a Foreign Exchange Management Act 1999 lesson →
Related questions