question_answer

As per the news published in various financial newspapers, the RBI is r-working the roadmap on Capital Account Convertibility. If this is done, who amongst the following would be able to invest in foreign projects or acquire assets outside India without any restrictions?

I. Public Sector Banks

II. Companies which are registered m India

III. Government of India

IV. Any Individual

Select of the correct answer using the codes given below

A)  Only I                         

B)  Only II

C)  Only III           

D)  All of these

E)  None of these