Question

There is full convertibility of rupee in the

1.capital account
2.merchandise account
3.current account
4.trading account​

Answer 1

Answer:

India is now fully convertible on the current account, and partly convertible on the capital account. India still has restrictions on short term debt, outflows, and its lenders accessing global money.

Answer 2

Answer:

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3.current a couple

India is now fully convertible on the current account, and partly convertible on the capital account. India still has restrictions on shortterm debt, outflows, and its lenders accessing global money.