. Convertibility of the rupee implies
(a) Being able to convert rupee notes into gold
(b) Allowing the value of the rupee to be fixed by market forces
(c) Freely permitting the conversion of rupee to other major
currencies and vice versa
(d) Developing an international market for currencies in India
Answers were Sorted based on User's Feedback
Answer / guest
(c) Freely permitting the conversion of rupee to other major
currencies and vice versa
Is This Answer Correct ? | 134 Yes | 37 No |
Answer / sunny
(b) Allowing the value of the rupee to be fixed by market forces
Is This Answer Correct ? | 12 Yes | 3 No |
Answer / vidyanand
It is clearly mention that currency convertibility means currency of that particular country convertable in to gold and it is very important to international commerce then how could be the answer other than 1.
Is This Answer Correct ? | 0 Yes | 2 No |
Which of the following is the main source of Political Power in India? (1) Parliament and State Legislatures (2) Parliament (3) The People (4) The Constitution
Investment and savings are kept equal through a change in the level of (a) Consumption (b) Investment (c) Government expenditure (d) Income
The equatorial diameter of the earth is approximately (a) 6357 km (b) 18546 km (c) 12756 km (d) 15600 km
At which place did Gautam Buddha give his first sermon? (A) Vaishali (B) Rajgriha (C) Bodh Gaya (D) Sarnath
In India, Plan holiday was after (a) China-India war of 1962 (b) Draught of 1966 (c) Pakistan war of 1971 (d) Pakistan war of 1965
3 Answers AIIMS, Manipal Hospital,
The ordinance promulgated by the Governor are subject to the approval by the: (a) President of India (b) State Legislature (c) Lok Sabha (d) Vidhan Sabha
2 Answers Andhra Loyola Institute of Engineering and Technology ALIET, SSC,
. Which one of the following types of borrowing from the IMF has the softest servicing conditions? (a) Second tranche loan (b) SAF (c) ESAF (d) Oil facility
. Huts of snow where Eskimos live are called (a) Igloo (b) Lagoon (c) Oasis (d) None of these
India opted for a federal form of government because of (a) Vast territory (b) Cultural integration (c) Linguistic and regional diversity (d) Administrative convenience
No Money Bill can be introduced in the Lok Sabha without the prior approval of the (a) Vice-President (b) President (c) Prime Minister (d) Finance Minister
In an atomic nucleus, neutrons and protons are held together by 1 Gravitational forces 2 Magnetic forces 3 Exchange force 4 Coulombic forces
India?s only island Museum (1) Nicobar Island (2) Nagarjuna Konda (3) Srirangam (4) Laccadive