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Foreign Exchange Regulation Act was first introduced in 1947. This was later replaced by The Foreign Exchange Regulation Act (FERA),1973. FERA imposed stringent regulations on foreign exchange transactions. Its main objective was to conserve foreign exchange which was scarce during that period to prevent its misuse. In the light of economic liberalization and improving foreign reserves position, there was a demand for modification of FERA. Accordingly, a new act, Foreign Exchange Management Act (FEMA) 1999 replaced FERA. The Act comprises of 49 sections divided into 7 chapters.
In a certain code language, “Hotelier Collapsed died” is coded as “wd cx bs”. “Collapsed Jobs while exercising” is coded as “yq mr cx ko...
Seven boxes A, B, C, D, E, F and G are kept one above the other but not necessarily in the same order. How many boxes are kept below B?
I) ...
Some of the people are standing in a line and all are facing south direction. How many people standing in a line?
I.O sits fourth to the extrem...
In which direction is Bheem facing now?
I. From C, Bheem walks 10m, then he takes left turn and walks 5m. Point C is in the west.
II....
How is A related to B?
I C has only two kids A & B and is father-in-law of D who is brother-in-law of B
II R is brother-in-law of A ...
On which day does Amrish took his leave?
I) Amrish does not took his leave on Wednesday.
II) Amrish took his leave either on Monday...
Six persons namely – Rahul, Ganesh, Pooja, Dinesh, Reshma and Hemant are sitting in a circular table facing center but not necessarily in same order....
J, K, L, M and N are sitting around a circular table, facing the centre. Who is on the immediate left of L?
I. J sits between K and N. L is on th...
B is in which direction with respect to E?
I. D is 2m to the north of E. F is 1 m to the east of D. B is 2m to the south of F.
II. E is to...
How is I related to M?
I. K who has only two kids I and M, is the mother-in-law of J who is sister-in-law of M.
II. H the sister-in-law...