Question:

Which of the following measures was announced by the Government of India in the year 1994?

Updated On: Oct 1, 2024
  • Full convertibility on capital account
  • Full convertibility on current account
  • Constitution of the Narasimham Committee on banking sector reforms
  • Constitution of the Abid Hussain Committee on trade policies
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The Correct Option is B

Solution and Explanation

The correct option is (B): Full convertibility on current account
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