Full convertibility of a rupee means ? – McqOptions

MCQOPTIONS

1.	Full convertibility of a rupee means ?
A.	Determination of rate of exchange between rupee and foreign currencies freely by the market forces of demand and supply
B.	Repayment of loans in terms of rupees
C.	Payment for imports in terms of rupees
D.	Purchase of foreign exchange for rupees freely
Answer» B. Repayment of loans in terms of rupees

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