UPSC CSE Prelims 2002 Q137 — Indian Economy PYQ

2002Q137·Indian Economy·External Sector & Balance Of Payments

Consider the following statements: Full convertibility of the rupee may mean

1. Its free float with other international currencies.

2. Its direct exchange with any other international currency at any prescribed place inside and outside the country.

3. It acts just like any other international currency.

Which of these statements are correct?

UPSC CSE Prelims 2002 Q137 — Indian Economy PYQ with Answer

UPSC CSE Prelims 2002 Q137 — Indian Economy PYQ with Answer