68th B.P.S.C. (Pre) 2023
In which Budget did the Finance Minister announce the Liberalised Exchange Rate Management System?
aUnion Budget, 1993-1994
bUnion Budget, 1991-1992
cUnion Budget, 1992-1993✓ Correct
dMore than one of the above
eNone of the above
Explanation
The “Liberalised Exchange Rate Management System” was announced in the Union Budget, 1992-1993 by the then Finance Minister Dr. Manmohan Singh.
economic-social-development