Home » Daily Current Affairs Quiz » Which of the following regulatory body in India is responsible for enforcing Foreign Exchange Management Act (FEMA)? Daily Quiz June 2023 Which of the following regulatory body in India is responsible for enforcing Foreign Exchange Management Act (FEMA)? June 9, 2023 24 Views (a) Securities and Exchange Board of India (SEBI)(b) Reserve Bank of India (RBI)(c) Ministry of Finance(d) Securities Appellate Tribunal (SAT) Ans.(b)Sol. RBI is the regulatory body responsible for enforcing FEMA and ensuring compliance with its provisions.
