“Success in management requires learning as fast as the world is changing”-Warren Bennis
To inculcate the idea of foreign exchange and its essentials, department of commerce have organised a guest lecture on “Foreign Exchange Management Act” for BBA and B.com students.
The Resource person Mr.Madhu N R who is well-versed in the areas of customs duty, foreign trade policy, FEMA, GST and so on gave depth knowledge on the topic FEMA. He described the concepts Balance of Exchange, Balance of trade, Foreign Exchange etc. For more lucidity he also elucidated the concept of FERA and Repatriation. The overall session was fruitful and advantageous for the students and worthwhile.