Convertibility of the rupee implies: [IAS 1994]

Related MCQs

• Consider the following statements: Full convertibility of the rupee may mean: [IAS 2002] 1. its free float with other international currencies. 2. its direct exchange with any other international currency at any prescribed place inside and outside the country. 3. it acts just like any other international currency. Which of these statements are correct?
• In which one of the following countries is Rupee its currency? [IAS 2003]
• The convertibility of dollar was formally abandoned in:
• Which of the following is incorrect about convertibility?
• Inflation implies: [Railways 1994]
• MODVAT is different from VAT in the sense that: 1. under MODVAT, tax is levied only on value addition while under VAT, excise is imposed on final value and then rebate is given on inputs 2. MODVAT is only at the production stage while VAT extends both to production and distribution stage 3. under MODVAT, excise is levied on final value and then rebate is given on inputs while under VAT, tax is levied only on value addition 4. MODVAT implies rationalization of excise duty only while VAT implies rationalization of excise, sales and turnover taxes etc. also Choose correct answer from:
• The principal reason why national economic planning is still being pursued inspite of embracing a market economy since 1991 is that: [IAS 1994]
• The difference between a bank and a non-banking financial institution (NBFI) is that: [IAS 1994]
• To know whether the rich are getting richer and the poor getting poorer, it is necessary to compare; [IAS 1994]
• Fiscal deficit in the Union Budget means: [IAS 1994]