Hello,
The link to the answer key is attached herewith. The answer keys are available, and you can download them state-wise. The sample papers are also available on the website of Careers360, which helps you assess your learning.
https://school.careers360.com/articles/nmms-answer-key
Thank you.
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Question : Statement 1: The Foreign Exchange Regulation Act (FERA) was enacted to regulate foreign trade in India.
Statement 2: FERA was replaced by the Foreign Exchange Management Act (FEMA) in 1991.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, and statement 2 is false.
Option 4: Statement 1 is false, and statement 2 is true.
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