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    Question

    Which committee did the RBI establish to discuss Capital

    Account Convertibility?
    A Tarapore Committee Correct Answer Incorrect Answer
    B Bibek Debroy Committee Correct Answer Incorrect Answer
    C William Acworth Committee Correct Answer Incorrect Answer
    D Santhanam Committee Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India formed the Tarapore Committee to outline a roadmap towards full convertibility of the Indian rupee on the capital account. This committee's recommendations in 1997 were pivotal in shaping India's financial integration with the global economy.

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