14,988+ Questions · 21 Subjects · Free to Practice

MCQ Questions

Articles Questions Current Affairs PYQ Papers My Progress

Questions

Practice mode — a mixed feed of questions and articles for each subject. Prefer reading first? Browse the Articles index instead →

General Knowledge Ancient Indian History Medieval Indian History Modern Indian History India After Independence World History Indian Polity & Constitution Indian Governance Indian Economy International Relations Science & Technology General Science Environment & Ecology Indian Geography World Geography Indian Society Art & Culture Ethics, Integrity & Aptitude Quantitative Aptitude Reasoning English Language

Articles

Study mode — the full article library for each subject, no practice questions mixed in. Want to practice instead? Browse Questions by subject →

Which of these describes what ‘full convertibility’ of the Indian Rupee would mean?

Please wait…

1. Which of these describes what ‘full convertibility’ of the Indian Rupee would mean?

Its free float against other international currencies, and its direct exchange with other currencies at any prescribed place inside or outside the country

Only that the Rupee’s exchange rate is fixed permanently

Only that the RBI would stop issuing currency notes

Only that Indian citizens could not hold foreign currency

Loading…

Keep practicing

Beyond the answer

Leave a ReplyCancel reply

MCQquestion.com

Free MCQ practice for UPSC and State competitive exams — 30,000+ questions across 21 subjects, with the reasoning behind every answer.

Which of these describes what ‘full convertibility’ of the Indian Rupee would mean?

Keep practicing

Beyond the answer

Leave a ReplyCancel reply

Discover more from MCQ Questions