MCQOPTIONS
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| 1. |
Full convertibility of a rupee means : |
| A. | Purchase of foreign exchange for rupees freely |
| B. | payment for imports in terms of rupees |
| C. | repayment of loans in terms of rupees |
| D. | determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply |
| Answer» E. | |