MCQOPTIONS
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| 1. |
On 1st March, 1992, Reserve Bank of India announced a new system of exchange rates known as |
| A. | partial convertibility |
| B. | liberalised exchange rate system |
| C. | Either [a] or [b] |
| D. | Both [a] and [b] |
| E. | Neither [a] nor [b] |
| Answer» E. Neither [a] nor [b] | |