FERA and FEMA are one and the same

Related MCQs

• FEMA is civil law unlike FERA.
• GSP and certificate of origin are one and the same.
• Commercial Invoice and Proforma Invoice is same.
• The area where the goods are permitted to be imported and re-exported without any processing in the same form is called
• Insurance for domestic business is same as for exports.
• Conversion of Shipping Bills from one Export Promotion scheme to other scheme has been allowed within
• Conversion of Shipping Bills from one Export Promotion scheme to other scheme can be made within ----------
• Consider the following statements about the Foreign Trade Policy 2015-20 unveiled on 1st Apr’15. A. This policy focuses on boosting exports and creating jobs while supporting the Centre’s Make In India and Digital India' programs. B. The new policy is to create architecture for the Indian economy so that it can gain global competitiveness and promote the diversification of Indian export. C. The policy is to move towards paperless working in 24x7 environments. D. The policy comes at a time when export growth contracted 15 percent in February 2014-15, reporting a negative growth for the third consecutive month.
• The Indian Council of Arbitration promotes and administer ------------for dispute resolution and encouraging greater domestic and international commerce
• To arrest and reverse the declining trend of exports and to provide additional support especially to those sectors which have been hit badly by recession in the developed world is the short objective of.