Economics · Indian Economy
Which statement correctly describes the convertibility of the Indian Rupee?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fully convertible on both current and capital accounts
- 2Fully convertible on current account and partially convertible on capital account✓
- 3Fully convertible on capital account only
- 4Fully convertible on current account only
Correct answer
Fully convertible on current account and partially convertible on capital account
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