Question
Which policy determines the free conversion of
domestic currency with international currencies?Solution
Capital account convertibility (CAC) means the freedom to convert local financial assets into foreign financial assets and vice versa at market determined rates of exchange. This implies that Capital Account Convertibility allows anyone to freely move from local currency into foreign currency and back. Current account convertibility allows free inflows and outflows for all purposes other than for capital purposes such as investments and loans.
Who was First chairman of “National Commission on Farmers” which started in Feb, 2004
How much average horsepower (hp) can a person develop for farm activities?
The term ‘LEISA’ is related to:
The early maturing variety of potato is:
According to National Forest Policy, 1988; the minimum forest cover should be maintained
Which among the following is NOT the element of learning situation :
Who was the recipient of the World Food Prize in 2023?
The persons who starts to adopt new practices quickly or at first are called
What is the seed rate of hybrid cotton with a spacing of 120 × 60 cm?
In marketing, place utility is created through
