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Unit 3: FEMA Act, 1999

Answers: Self Assessment Notes

1. (b) 2. (d)

3. (d) 4. (c)
5. (c) 6 (d)
7. (a) 8. (b)
9. False 10. False

11. True 12. True
13 True 14. True

3.12 Further Readings

Books G. Vijayaragavan Iyengar, Introduction to Banking, Excel Books, New Delhi, 2007.
S.S Gulshan, Business Law, Third Edition, Excel Books, New Delhi, 2006.

S.S Gulshan, Mercantile Law, Third Edition, Excel Books, New Delhi, 2006.

Online links http://www.netlawman.co.in/acts/foreign-exchange-management-act-1999.
php
http://www.rbi.org.in/scripts/Fema.aspx
http://www.rbi.org.in/Upload/Notifi cation/Pdfs/16716.pdf
http://www.taxmanagementindia.com/Site-Map/FEMA/List_Act_FEMA.asp

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