UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Fiscal and Monetary Policy

  • question_answer
          Which is incorrect about convertibility?

    A) Exchange rate should be based on forces of demand and supply.

    B) Exchange rate should show the strength of the economy.

    C) Discourage black market transactions.

    D) RBI would become a direct player.

    Correct Answer: D


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