Current and Capital Account Convertibility of the Rupee | Economics

In this article we will discuss about:- 1. Current Account Convertibility of the Rupee 2. Capital Account Convertibility of the Rupee 3. Recommendations 4. Move towards Capital Account Convertibility. Current Account Convertibility of the Rupee: Under Article VIII, Sections 2, 3 and 4 of the IMF the member countries of the IMF are obliged to restore current account convertibility of [...]