One of the important goals of the economic liberalization po

Please wait...
THANKU FOR BEING A PART OF OUR JOURNEY TO BRING "REVOLUTION IN EDUCATION"
We Genuinely APPRECIATE your PATIENCE

SKINS
ADS

Red
Pink
Purple
Deep Purple
Indigo
Blue
Light Blue
Cyan
Teal
Green
Light Green
Lime
Yellow
Amber
Orange
Deep Orange
Brown
Grey
Blue Grey
Black
White

Coming Soon

Economics

156

M: +2.00/-0.33

One of the important goals of the economic liberalization policy is to achieve full convertibility of the Indian rupee. This is being advocated because

I.A.S. (Pre) 1996

[External Sector - Trade, FDI, Debt]

convertibility of the rupee will stabilize its exchange value against major currencies of the world.

it will attract more foreign capital inflow in India.

it will help to promote exports.

it will help India secure loans from the world financial markets at attractive terms.

EXPLANATION

...

View Full Explanation