Q. The famous tarapore committee related to which of the following?

[A] Currency convertibility

[B] Inflation tax

[C] Foreign exchange reserves

[D] Goods and service tax

Answer: A
Notes:

Explanation: The Reserve Bank of India established the Committee on Capital Account Convertibility (CAC) or Tarapore Committee to propose a roadmap for full convertibility of the rupee on the capital account.

Source: Ramesh Singh

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