1.

The Directorate of Enforcement was established in the year ______ with its headquarters at New Delhi.1. 19562. 19583. 19544. 1952

Answer» Correct Answer - Option 1 : 1956

The correct answer is 1956.

  • Directorate of Enforcement is a specialized financial investigation agency under the Department of Revenue, Ministry of Finance, Government of India.
  • On 1 May 1956, an Enforcement Unit’ was formed, in the Department of Economic Affairs, for handling Exchange Control Laws violations under Foreign Exchange Regulation Act, 1947.
  • In the year 1957, this Unit was renamed as Enforcement Directorate’.
  • ED enforces the following laws:
    • Foreign Exchange Management Act,1999 (FEMA)
    • Prevention of Money Laundering Act, 2002 (PMLA)


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