Multiple choice

“FERA” is a section under which an individual can be taken into custody for

  1. keeping undeclared foreign exchange

  2. violating forest prevention laws

  3. adulteration in food

  4. none of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

FERA (Foreign Exchange Regulation Act) allows authorities to take individuals into custody for keeping undeclared foreign exchange. This was a key provision of the act to prevent forex violations.