23. One of the important goals of the economic liberalisation policy is to achieve full...

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Accounting

23. One of the important goals of the economic liberalisation policy is to achieve full convertibility of the Indian rupee. This is being advocated because (a) convertibility of the rupee will stabilise its exchange value against major currencies of the world (b) it will attract more foreign capital inflow in India (c) it will help promote exports (d) it will help India secure loans from the world financial markets on attractive terms

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