FEMA Practice Exam

Federal Emergency Management Agency (FEMA)

About FEMA

The Federal Emergency Management Agency's (FEMA) objective is to assist the public and first responders in promoting the idea that we should all work together to strengthen our nation's capacity to anticipate, defend against, respond to, recover from, and reduce all risks.

Over 20,000 employees work for the Federal Emergency Management Agency (FEMA) countrywide.

The Individuals and Families Program (IHP) of FEMA offers financial assistance and direct services to qualified disaster victims and their households who have significant needs and uninsured or underinsured expenditures. Assistance for both households and individuals. more catastrophe survivors programs.

FEMA has gained immense popularity across the globe resulting in huge demand for certified professionals.

Why is FEMA important?

FEMA's basic beliefs and goals guide us in carrying out our purpose, which is to assist people before, during, and after catastrophes. The Federal Emergency Management Agency's (FEMA) objective is to assist the public and first responders in promoting the idea that we should all work together to strengthen our nation's capacity to anticipate, defend against, respond to, recover from, and reduce all risks.

FEMA certified professionals, executives and managers are in high demand in companies across the globe.

Who should take the FEMA Exam?

• Finance professionals
• Exporters & importers
• FX dealers
• Bank employees dealing with FX
• Global investors
• FII managers
• International fund managers
• Financial analysts

Knowledge and Skills required for the FEMA

Candidates gain quick success in career of FEMA if they have skills of critical thinking and good communication skills.

FEMA Practice Exam Objectives

FEMA exam focuses on assessing your skills and knowledge in concepts and application of FEMA

FEMA Practice Exam Pre-requisite

There are no prerequisites for the FEMA exam. Candidates who are well versed  in FEMA can easily clear the exam.

FEMA Certification Course Outline

1. FERA to FEMA 1999
2. Resurgence of India
3. Basic concepts of FEMA 1999
4. Objectives of FEMA
5. The ecosystem of FEMA 1999
6. Structure of various sections in FEMA
7. Balance of Payment
8. All Current Account Transactions
9. Capital Account Transactions
10. Residential status
11. Who is the Resident?
12. FEMA vs Income Tax Act of India
13. Classification of Transactions in FEMA 1999
14. Several Current Account Transactions under FEMA
15. Capital Account Transactions under FEMA 1999
16. Liberalized Remittance Scheme
17. FX Denominated Bank accounts for residents and non-residents
18. Type of Bank Accounts for Non Residents
19. Different Types of Bank Accounts for Residents
20. Contravention of FEMA
21. Highlights of FEMA 1999

Exam Format and Information

Certification name – Certificate in FEMA
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199