Which committee was formulated to look into the matter of capital account convertibility in India ........

Economic and Social Issues Liberalization, Privatization and Globalisation

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Which committee was formulated to look into the matter of capital account convertibility in India?

Narasimham committee

Tarapore committee

Tendon committee

Chore committee

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Explanation:

Currency Convertibility:

Currency convertibility means the currency of a country can be freely converted into foreign exchange at a market-determined exchange rate. It is a precondition for the rapid growth of world trade and smooth capital flows.
In an economy, the status of currency convertibility can be better understood by assessing policy framework related to the capital account convertibility and current account convertibility.