Capital Account Convertibility

Information about Capital Account Convertibility

Published on June 9, 2008

Author: sadanand

Source: authorstream.com

Content

Slide 5: Capital Account Convertibility the road head .... For circulation to ITM – Sion Students & Faculty - 1 n India, foreign exchange transactions in dollars, pounds, or any other currency are broadly classified into two accounts: Current Account Transactions & Capital Account Transactions onvertibility of Rupee : Means the rupee can be freely converted into dollar, pound sterling, yen, Deutsche mark etc & vice versa at the rates of exchange determined by demand & supply forces. INTRODUCTION A brief explanation on - Current Account Transactions & Capital Account Transactions are stated as follows - Slide 24: Capital Account Convertibility the road head .... For circulation to ITM – Sion Students & Faculty - 20 Conclusion From this project we get to learn what is basically Capital Account Convertibility, possible positive & negative effects on Indian Economy. India should opt for full capital account convertibility at this stage as these are good times when inflation is low, when our exports and imports are doing well, when fiscal deficits are on a path to correction and when India has mountains of foreign exchange reserves. Now the time has come to set forth on a path to Capital Account Convertibility. Slide 25: Capital Account Convertibility the road head .... For circulation to ITM – Sion Students & Faculty - 21 Bibliography http://www.rbi.org.in http://www.google.com International Economics – Francis Cherunilam http://www.wikipedia.com Slide 26: Thank You

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