Question

If India adopted full currency convertibility without any limitations, which of the situations given below would see considerable increase with respect to Indian market? 1. Easy Movement of Foreign Portfolio Investments 2. Increase the Non-Performing Assets. 3. Avoidance of Profit shifting. 4. Currency volatility Risks. Select the correct answer using the codes given below:

A 1, 2, and 3 only
B 2, 3, and 4 only
C 1, 3, and 4 only
D 1, 2, and 4 only
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