BPSC 56th-59th Exam Prelims 15 Mar 2015 Solved Paper

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Question : 87 of 150

Marks: +1, -0

Convertibility of the rupee implies

being able to convert rupee notes into gold
freely permitting the conversion of rupee to other maj or currencies and vice versa
allowing the value of the rupee to be fixed by market forces
developing an international market for currencies in India

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