As per the RBI, the economic conditions in India are not yet suitable for full convertibility of Rupee. At present Rupee is convertible at which of the following accounts? I. Fully at Capital Account II. Fully at Current Account III. Partially at Trade Account Codes

As per the RBI, the economic conditions in India are not yet suitable

1.	As per the RBI, the economic conditions in India are not yet suitable for full convertibility of Rupee. At present Rupee is convertible at which of the following accounts? I. Fully at Capital Account II. Fully at Current Account III. Partially at Trade Account Codes
A.	Only I
B.	Only II
C.	Only III
D.	Only II and III
E.	None of these
Answer» C. Only III

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As per the RBI, the economic conditions in India are not yet suitable for full convertibility of Rupee. At present Rupee is convertible at which of the following accounts? I. Fully at Capital Account II. Fully at Current Account III. Partially at Trade Account Codes

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