GkSeries.com

Currency and Inflation Questions and Answers for Competitive Exams

Q.

What do you mean by convertibility of the rupee?

[A] being able to convert rupee into us dollars
[B] freely permitting the conversion of rupee to other major currencies and vice versa
[C] allowing the value of rupee to be fixed by market forces
[D] developing an international market for currencies in India

Answer & Explanation

Answer: Option [B]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Please share this page

Click Here to Read more questions

Teacher Eligibility Test