Question
List I
List II
A. Partial convertibility
1. Unified exchange rate, applied for export and import of goods only, visible transaction of BoP.
B. Convertibility on trade account
2. Currency can be converted on all accounts
C. Convertibility on current account
3. 60% of foreign exchange to be converted at market rates and rest at the official rate.
D. Full Convertibility
4. Full convertibility in all visible and invisible transactions of goods and services.Codes: A B C D
List I
List II
A. Partial convertibility
1. Unified exchange rate, applied for export and import of goods only, visible transaction of BoP.
B. Convertibility on trade account
2. Currency can be converted on all accounts
C. Convertibility on current account
3. 60% of foreign exchange to be converted at market rates and rest at the official rate.
D. Full Convertibility
4. Full convertibility in all visible and invisible transactions of goods and services.Codes: A B C D
Answer: Option C
Answer: (c)
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Answer: (c)
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