Banking General Awareness Reserve Bank of India Question Bank Practice Questions - Reserve Bank of India - Structure and Functions

  • question_answer
    On 1st March, 1992, Reserve Bank of India announced a new system of exchange rates known as

    A)  partial convertibility

    B)  liberalised exchange rate system

    C)  Either [a] or [b]

    D)  Both [a] and [b]

    E)  Neither [a] nor [b]

    Correct Answer: D


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