Professional Documents
Culture Documents
Instructions:
3) Assignments need to be collected by the class representative (CR) and then sent across in a zip file by
the CR on gauravtalan@ipu.ac.in. No individual e-mails will be accepted.
4) Assignment must be in Word/PDF file. Font: Times New Roman, Font Size: 11 Spacing: Normal,
Minimum Words: 1000, Maximum Words: 3000 per question. Assignment must be free from
plagiarism.
Question 1: What is the purpose of The Foreign Exchange Management Act, 1999 (FEMA)? What was
the need to switch from FERA to FEMA?
Question 2: What is an international joint venture? What may be the reasons or motivations leading to the
formation of such JVs?
Question 3: What do you understand by foreign exchange risk? What are the different types of foreign
exchange risks? Explain with the help of a few examples.