Question
Which policy determines the free conversion of
domestic currency with international currencies? ÂSolution
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.
A statement is followed by two conclusions, numbered I and II. Find out which of the following conclusion(s) is/are true based on the given statements.<...
What will come in the place of ‘?’ in the following equation, if ‘+’ and ‘–‘ are interchanged and ‘×’ and ‘÷’ are interchanged?<...
Choose the alternative which is an odd word/number/letter pair out of the given alternatives.Â
In a certain code language, ‘CARD’ is coded as ‘7359, ‘SERV’ is coded as ‘1256’and ‘PACK’ is coded as ‘8497’. What is the code for...
Select the figure from the options that can replace the question mark (?) and logically complete the series.
Select the option in which the letter-groups show the same relationship as shown by the given pair of letter-groups.Â
NEV : PDW
In a certain code language,
‘A + B’ means ‘A is the mother of B’;
‘A − B’ means ‘A is the brother of B’;
‘A × ...
Which two signs should be interchanged to make the given equation correct?
756 ÷ 252 + 89 × 180 – 63 = 384
Three of the following four letter-clusters are alike in a certain way and one is different.
Pick the odd one out.Â
In a certain code language, ‘FRIGHT’ is written as ‘FOCQED’ and ‘SHREDS’ is written as ‘OEPPAB’. How will ‘UPSETS’ be written in tha...
