2007 General Studies, all questions
UPSC Prelims 2007 · General Studies
Question 100: Economy and Social Development
Tarapur Committee was associated with which one of the following?
aSpecial Economic Zones
bFuller capital account convertibility
cForeign exchange reserves
dEffect of oil prices on the Indian economy
AnswerThe answer is (b).
The committee meant is the Tarapore Committee, chaired by S. S. Tarapore, set up by the Reserve Bank of India on capital account convertibility. It reported in 1997 and again in 2006, when it gave a roadmap towards fuller capital account convertibility of the rupee. The other options belong to other committees or topics.
Why each option is right or wrong
- (a) Special Economic Zones were not its subject.
- (b) Correct: fuller capital account convertibility.
- (c) Foreign exchange reserves were not its subject.
- (d) Oil prices were not its subject.
Explanation: written by UPSC Grade, not by UPSC.
Source: UPSC, Civil Services (Preliminary) Examination 2007, General Studies. UPSC's own paper isn't online; the words are from a published compilation. The paper on upsc.gov.in.