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Discussion

Read the following events

(i) Allowing convertibility of rupee at the market rate in the current account.

(ii) Nationalisation of general insurance business.

(iii) Establishment of IDBI

(iv) Capital adequacy norms for commercial banks.

Arrange the events in the ascending order of their occurrence.

  • A.iv, iii, ii, i
  • B.iv, ii, iii, i
  • C.i, ii, iii, iv
  • D.i, ii, iv, iii

Answer: A

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