Question
The FEMA act replaced the erstwhile FERA Act. In which
year was FEMA Act passed?Solution
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.
30.05% of 360.05 – 25.15% of 99.99 × 3.02 = ?
2 (1/4)% of 7999.78 + {49.77% of 899.71} + √144.14 - 20% of 1499.83 = ?
Solve the given equation for ?. Find the approximate value.
(35.86 × 15.14) ÷ 9 + √(288.89) × 4.03 = ?
...(84.92 + 235.17) ÷ (15.93 × 3.89) = ? ÷ 21.02
((341.789)1/3 × (0.0049)1/2)× 429.798/6.88 =?
40.05% of 210.05 – 10.15% of 109.99 × 5.02 = ?
(29.892 × √290) + 32.98 × 6.91 = ?
Which of the following options is the closest approximate value which will come in place of question mark (?) in the following equation?
26.52 ×...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
386.99 + 397.99 + ? - 232.02 = 35.02 × 31.99
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