36. Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates? Policy to

1. 1. Capital Account Convertibility

   
   
   

   2. Financial Deficit Management

   
   
   

   3. Minimum Support Price

   
   
   

   4. Restrictive Trade Practices

   
   
   

---

1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A

---

37. The association of the rupee with pounds sterling as the interchange currency was broken in

1. 1. 1990

   
   
   

   2. 1991

   
   
   

   3. 1993

   
   
   

   4. 1992

   
   
   

---

1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

   N/A

---

---

38. Which of the following statements is relation to Bombay Stock Exchange, is correct?

1. 1. It is the oldest stock exchange of India

   
   
   

   2. It is knows by the name of Dalal Steet

   
   
   

   3. It's share index is known by the name of SENSEX

   
   
   

   4. All of the above

   
   
   

---

1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: D

   N/A

---

39. India earns the maximum foreign exchange through export of

1. 1. leather goods

   
   
   

   2. handicrafts

   
   
   

   3. electronic goods

   
   
   

   4. engineering goods

   
   
   

---

1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

---

---

40. What is an Indian Depository Receipt (IDR)?

1. 1. A deposit account with a public sector Bank

   
   
   

   2. A depository account with an y of the Depositories in India

   
   
   

   3. An instrument in the form of depository receipt created by an Indian depository against underlying equity shares of the issuing company

   
   
   

   4. An instrument in the form of deposit receipt issued by Indian depositories

   
   
   

---

1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

---