. 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
Answer Posted / 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 |
Post New Answer View All Answers
What is the capital of Mozambique?
What is the capital of Lithuania, Libya and UAE?
which is the largest planet in the solar system?
Name the governor of RBI?
The part of the Constitution that reflects the mind and ideals of the framers is ? (a) Directive Principles (b)Fundamental Rights (c)Peramble (d)Citizenship
Talk about politics? What should be said we it is asked in HR interview?
in india where ia a mosque with tangle tomb
Tell something about coal- gate scam?
how many depots are in a.p
Which animal is considered as the 'ship of the desert'?
Who is the chief election commissioner of India?
Which city is called Orange city of india ?
yearily turover of apsrtc
What will be the max. salary for multitasking staff in pay band 5200-20200 with grade pay 1800.
hello sir ow to i prepare my gk my gk is so week.my i m fill up fourm of delhi police SI post. so plz reply