New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which committee was established by the Reserve Bank of

    India (RBI) to address Capital Account Convertibility?
    A Tarapore Committee Correct Answer Incorrect Answer
    B Bibek Debroy Committee Correct Answer Incorrect Answer
    C William Acworth Committee Correct Answer Incorrect Answer
    D Santhanam Committee Correct Answer Incorrect Answer

    Solution

    The Tarapore Committee was established by the Reserve Bank of India in 1997 to propose a roadmap for the full convertibility of the Indian rupee on the capital account. The committee's recommendations aimed to gradually liberalize the Indian economy's capital account.

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