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Business Environment
Notes 9.6 Review Questions
1. Describe the scope of FEMA and discuss the difference between the FERA and FEMA.
2. Discuss the role of the RBI in enforcing FEMA.
3. What is a Capital Account Transaction? Discuss the role of FEMA in regulating Capital and
Current Account Transactions.
4. Discuss how the Directorate of Enforcement puts FEMA into effect.
Answers: Self Assessment
1. False 2. True
3. True 4. Current
5. Liberalisation process 6. 1947
7. FERA 8. Export of goods and services
9. Authorized person
9.7 Further Readings
Books Pandey GN, Environment Management, Vikas Publishing, New Delhi
Paul Justin, Business Environment: Text and Cases, Tata McGraw Hill, New Delhi
Saleem Sheikh, Business Environment, Pearson Education, New Delhi
Vivek Mittal, Business Environment, Excel Books, New Delhi
Online links exim.indiamart.com/act-regulations/fera-1993.html
rti.gov.in
www.businessgyan.com/content/view/216/427
www.ias.ac.in/currsci/jun102000/editorial.pdf
www.icrpc.org/icrpc.org.mrtp.htm
www.valuenotes.com/misc/pressfera.asp?ArtCd=18084
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