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    • 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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