Question

Convertibility of rupee means ___ a) Determine its own exchange rate in international market b) Conversion of rupee into various Foreign currencies c) Transfer of funds in international market d) None of the above

Answer 1

Heya Friend,

Convertibility of rupee means conversion of rupee into various Foreign currencies.

Therefore, correct option is (b). Conversion of rupee into various Foreign currencies.

Hope it helps... #Phenomenal...