Tarapore Committee recommended that before capital account was made convertible the rate of inflation should be brought down for three years within:

3-4%

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0-3%

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4-6%

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5-7%

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Solution

The correct option is A 3-4%
Option: (a)

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Similar questions

Narasimham Committee recommended that SLR should be brought down to:

2006

Consider the following recommendations:

1.RBI should target only on reducing inflation and use only a single instrument to keep inflation under control;

2.Foreign investors should be allowed to invest in government bond market;

3.Government should sell small under-performing public sector banks;

4.Banks should be allowed to open branches and ATMs everywhere without restrictions.

Which of the above are among the draft recommendations of the RaghuramRajan Committee on Financial Sector Reforms?

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