MCQOPTIONS
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| 1. |
One of the important goals of the economic liberalisation policy is to achieve full convertibility of the Indian rupee. This is being advocated because |
| A. | Convertibility of the rupee will stabilize its exchange value against major currencies of the world |
| B. | It will attract more foreign capital inflow in India |
| C. | It will help promote exports |
| D. | It will help India secure loans from the world financial markets on attractive terms |
| Answer» C. It will help promote exports | |