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8 of 24 completed
5 of 15 completed
38 of 100 completed
8 of 20 completed
Indian Economy - Understanding the basics of Indian economic system
The association of the rupee with pound sterling as the intervention currency was broken in
1951
1975
1991
1992
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.
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