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With reference to the currency market, the term “Convertibility” is used to denote
  1. Freedom to exchange currencies like commodities across the counter.
  2. Freedom to invest globally.
  3. Freedom to residents to remit outside the country.
Select the correct answer code:
  • a)
    1 only 
  • b)
    2, 3 
  • c)
    3 only 
  • d)
    None
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the currency market, the term “Convertibility&...
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With reference to the currency market, the term “Convertibility” is used to denote Freedom to exchange currencies like commodities across the counter. Freedom to invest globally. Freedom to residents to remit outside the country.Select the correct answer code:a)1 onlyb)2, 3c)3 onlyd)NoneCorrect answer is option 'A'. Can you explain this answer?
Question Description
With reference to the currency market, the term “Convertibility” is used to denote Freedom to exchange currencies like commodities across the counter. Freedom to invest globally. Freedom to residents to remit outside the country.Select the correct answer code:a)1 onlyb)2, 3c)3 onlyd)NoneCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the currency market, the term “Convertibility” is used to denote Freedom to exchange currencies like commodities across the counter. Freedom to invest globally. Freedom to residents to remit outside the country.Select the correct answer code:a)1 onlyb)2, 3c)3 onlyd)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the currency market, the term “Convertibility” is used to denote Freedom to exchange currencies like commodities across the counter. Freedom to invest globally. Freedom to residents to remit outside the country.Select the correct answer code:a)1 onlyb)2, 3c)3 onlyd)NoneCorrect answer is option 'A'. Can you explain this answer?.
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