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  1. Convertibility of the Rupee as it exists at present means
    1. Rupee is convertible into foreign currencies for all types of transactions
    2. Rupee is convertible into foreign currencies for trade transactions only
    3. Rupee is convertible into foreign currencies for all current transactions only
    4. Rupee is convertible into foreign currencies for capital transactions only
Correct Option: C

N/A


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