This Prelims series is very very much useful❤❤❤

@sudeepkumar_sm

3 ай бұрын

Glad to hear that 😊🙏🏻

*Capital Account Convertibility * If the domestic currency is allowed to convert into foreign currency for the capital account purposes it’s called capital account convertibility.. In India capital account convertibility is partial . S S Tarapore committee recommended full capital account convertibility

Thank you sir❤

Capital Account Convertibility means that the currency of a country can be converted into foreign exchange without any restrictions... India's capital account is partially convertible

Thank u sir😊

Capital account convertibility is the freedom to conduct investment transactions across the countries without any constraints. India is a partial capital account convertibility(40:60)

Thank you sir for your invaluable content 😊 The “Compounding effect” you explained is unforgettable!!

Convertibility refers to conversion of one’s national currency to foreign currency in forex market. Capital account convertibility means all the components ( investments in shares property, loans etc ) that fall under capital account are convertible. As far as present status capital account convertibility in India is partially convertible.

Partially capital account convertibility

Capital account convertibility means there is no restrictions on rupees convertibility into other currencies and vice versa. Indian currency is partially convertible in Capital account.

@sudeepkumar_sm

3 ай бұрын

Good job 👏🏻

Capital account convertibility means an Indian person staying in India wants to buy any property or asset in foreign so he needs foreign money to buy that property and to get foreign money that person has to give rupees in exchange to get foreign money This conversion of Indian money into foreign money to buy asset or property in foreign countries without any restrictions is called capital account convertibility In India captial account convertibility is partial because if it is not partial then all Indian amount goes into foreign countries economy and those foreign countries economy will get stronger and our Indian economy will gets weaker due to shortage of money in market so thats why government made it partial ❤❤❤

India has partial capital account convertibility

Capital account convertibility allows the individuals of a nation to invest in abroad by easily converting their local financial assets into foreign exchange freely or at the rates determined by the Market.

Happy ugadhi 🎉🎉sir

No India is not fully capital convertibility

Sir, if you can provide us the pdf, it'll be very useful for us to revise

If domestic currency is allowed to convert into foreign currency for all capital account purposes (money , share, stocks) then it is called FULL CAPITAL COVERTIBILITY or capital asset liberation - India's capital account is only partially convertable(40:60) -After Tarapore recommendations India is moving in direction of Full Convetibility

@sudeepkumar_sm

3 ай бұрын

Appreciate it 😊

@sudeepkumar_sm

3 ай бұрын

Very good 😊

@SanjayJT

3 ай бұрын

Thank you sir