Multiple choice

Which of the following committees recommended full rupee convertibility in capital account by 2010-11?

  1. Mistry Committee

  2. Tarapore Committee

  3. Narsimham Committee

  4. Rastogi Committee

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Mistry Committee (2006) recommended full rupee convertibility on the capital account by 2010-11, building on earlier Tarapore Committee recommendations. This was part of India's gradual liberalization of capital flows.