Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business
Which of the following are the features of F.E.M.A?
A. Central government can regulate payments to and from a person situated outside country.
B. Holding of immovable property outside India is restricted.
C. R.B.I can restrict the transaction from capital account even if it is done by authorized person.
D. All foreign financial transactions are to be done through F.E.M.A authorized person. E. F.E.M.A applies to Indian citizens living abroad.
Choose the correct answer from the options given below:
1
A, B, C Only
2
B, D, E Only
3
A, B, E Only
4
A, C, D Only