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Topic

Currency convertibility

Asked 2 times in CSE over 7 years (1993–2000), peaking in 1993.
2
PYQs
1
Exams
2
Years active
1993–2000
Span
1993
Peak
2/2
Answers
📅 Full chronological timeline →

Key insights

  • Most tested in CSE — 2 of 2 PYQs
  • Most asked in 1993
  • Recurs across 2 years (1993–2000)

Across exams

CSE · 2

How the concept evolved

193
100
Largely a pre-2016 idea — watch for a comeback.

Related concepts

Ideas UPSC tests alongside this one — keep exploring.

Sample questions

You've seen the pattern — here are a few of the actual PYQs.
CSE2000

Consider the following statements: The Indian Rupee is fully convertible

  1. in respect of Current Account of Balance of Payment
  2. in respect of Capital Account of Balance of Payment
  3. into gold Which

of these statements is/are correct?

  1. A 1 only ✓
  2. B 3 only
  3. C 1 and 2
  4. D 1, 2 and 3
✓ Correct answer: (A)
Economy › External Sector & Trade
CSE1993
When partial convertibility obtains the exchange rate is
  1. A a weighted average ✓
  2. B a simple average
  3. C fully floating
  4. D fully administered
✓ Correct answer: (A)
Economy › External Sector & Trade

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