The Tarapore Committee appointed in 1997 was for which of the following purposes ?
The Tarapore Committee considered capital account convertibility of the rupee. This concerns converting domestic financial assets into foreign financial assets and vice…
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The Tarapore Committee appointed in 1997 was for which of the following purposes ?
Answer and explanation
Correct answer B
The Tarapore Committee considered capital account convertibility of the rupee. This concerns converting domestic financial assets into foreign financial assets and vice versa, rather than payments for current transactions.
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Maharashtra and Goa SET (MH SET)