Question

FEMA act is a need for Developing countrie why it is need​

Answer 1

Answer:

The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India

Explanation:

hope you will like it

Answer 2

ooooo , sorry I don't know