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Question

Who was the Chairman of the committee appointed in 2006 for setting out a roadmap towards fuller capital account convertibility?

A
S S Tarapore
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B
C Rangarajan
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C
M Narashimham
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D
O P Sodhani
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Solution

The correct option is A S S Tarapore
Tarapore Committee was a constituted under S S Tarapore for roadmap on fuller capital account convertibility in 2006. It envisages three phases of adaption:
(i) First phase - 2006-07

(ii) Second phase - 2007-09

(iii) Third phase - 2001

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