Economics · Indian Economy
Regarding adequacy of external sector parameters, what minimum limit of import cover did the Tarapore Committee suggest for India's foreign exchange reserves?
- 1Not less than 12 months of import requirements
- 2Not less than 6 months of import requirements✓
- 3Not less than 4 months of import requirements
- 4Not less than 3 months of import requirements
Correct answer
Not less than 6 months of import requirements
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