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  1. The Foreign Exchange Management Act(FEMA) was passed in:

    2. A.

     the year 2000
    B.

     the year 2005
    C.

     the year 1999
    D.

     the year 2002

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    Answer : Option C

    Explanation :

    The Foreign Exchange Management Act(FEMA) was passed in the year 1999.

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