[amp_mcq option1=”a-1, b-3, c-4, d-2″ option2=”a-3, b-1, c-2, d-4″ option3=”a-3, b-1, c-4, d-2″ option4=”a-3, b-4, c-2, d-1″ correct=”option1″]<\/p>\n
The correct answer is: A. a-1, b-3, c-4, d-2<\/p>\n
The Industries Development Regulation Act (IDR Act) was enacted in 1951. The Import and Export Control Act (IEC Act) was enacted in 1947. The Foreign Exchange Management Act (FEMA) was enacted in 1999. The Factories Act was enacted in 1948.<\/p>\n
The IDR Act is a law that regulates the development of industries in India. It provides for the establishment of an Industrial Development Board and for the grant of licenses to establish new industries. The IEC Act is a law that regulates the import and export of goods and services in India. It provides for the grant of licenses to import and export goods and services. The FEMA is a law that regulates the foreign exchange market in India. It provides for the registration of foreign exchange dealers and for the regulation of foreign exchange transactions. The Factories Act is a law that regulates the working conditions in factories in India. It provides for the establishment of factories inspectorates and for the enforcement of safety and health standards in factories.<\/p>\n
The following is a brief explanation of each option:<\/p>\n
[amp_mcq option1=”a-1, b-3, c-4, d-2″ option2=”a-3, b-1, c-2, d-4″ option3=”a-3, b-1, c-4, d-2″ option4=”a-3, b-4, c-2, d-1″ correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[702],"tags":[],"class_list":["post-33908","post","type-post","status-publish","format-standard","hentry","category-business-environment-and-international-business","no-featured-image-padding"],"yoast_head":"\n