Q.
1
Reason (R): FEMA differs from the earlier exchange regulation Act FERA with regard to penalties and punishment in case of violation of the Act.
Codes:
-
A
(A) is correct but (R) is not correct
-
B
(A) and (R) are correct but (R) is not the right explanation of (A)
-
C
(A) and (R) both are correct and (R) is the right explanation of (A)
-
D
(A) and (R) both are correct