Full convertibility of a rupeee means -

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

purchase of foreign exchange for rupees freely

TuteeHUB · Answer

payment for imports in terms of ruppes

TuteeHUB · Answer

repayment of loans in terms of rupees

TuteeHUB · Answer

determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

1.	Full convertibility of a rupeee means -
A.	purchase of foreign exchange for rupees freely
B.	payment for imports in terms of ruppes
C.	repayment of loans in terms of rupees
D.	determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply
Answer» E.

Discussion