Multiple Choice Questions on The association of the rupee with pound sterling as the intervention currency was broken in ........ for UPSC Civil Services Examination (General Studies) Preparation

Back to Main Page

Multiple Choice Questions

The association of the rupee with pound sterling as the intervention currency was broken in ........

Economic Affairs Foreign Trade - Trends and Policy
    Download Solution PDF

    The association of the rupee with pound sterling as the intervention currency was broken in

    1951

    Incorrect Answer

    1975

    Correct Answer

    1991

    Incorrect Answer

    1992

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Foreign Trade - Trends and Policy
    Prepare through Micro-courses
    Try Now
    Explanation:

    India decided to delink the rupee from the pound sterling and linked it to a “basket of currencies” in 1975. It was  due to the breakdown of Bretton Woods system and declining share of UK in India's trade. Hence option 2nd is correct.

    By: Abhipedia
    ProfileResources

    Let's Discuss

    Naina

    The association of rupee with pound sterling as the intervention currency was broken in 1975

    0 0 reply
    Master
    Foreign Trade - Trends and Policy
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free