question_answer

As per the RBI, the economic conditions in India are not yet suitable for full convertibility of Rupee. At present Rupee is convertible at which of the following accounts?

I. Fully at Capital Account

II. Fully at Current Account

III. Partially at Trade Account

Codes

A)  Only I            

B)  Only II

C)  Only III           

D)  Only II and III

E)  None of these