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Ronan Asked :

12-03-2022 Indian Economy

Q. Full convertibility of a rupee means ?

A. Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply
B. Repayment of loans in terms of rupees
C. Payment for imports in terms of rupees
D. Purchase of foreign exchange for rupees freely





DapzoiVerified
Commented on 2022-03-12
Answer: Option A) Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply

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