Q46. S.S Tarapore committee was constituted in 1997 to look to the matters of

a) Capital account convertibility

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b) Current account convertibility

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c) Current account deficit

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d) Capital account deficit

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Solution

The correct option is A
a) Capital account convertibility

ans : A
Capital account convertibility is a feature of a nation's financial regime that centers on
the ability to conduct transactions of local financial assets into foreign financial assets
freely or at country determined exchange rates

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Q46. S.S Tarapore committee was constituted in 1997 to look to the matters of

The correct option is A a) Capital account convertibility ans : A Capital account convertibility is a feature of a nation's financial regime that centers on the ability to conduct transactions of local financial assets into foreign financial assets freely or at country determined exchange rates

The correct option is A
a) Capital account convertibility

ans : A
Capital account convertibility is a feature of a nation's financial regime that centers on
the ability to conduct transactions of local financial assets into foreign financial assets
freely or at country determined exchange rates