Q. In which year Government of India scrapped the exim scrips and introduced partial convertibility of Rupee?
Answer: 1992
Notes: The Government of India scrapped the exim scrips and introduced partial convertibility of the Rupee in 1992. This was part of a broader economic liberalization policy initiated by then-Finance Minister Manmohan Singh, aimed at opening up the Indian economy to global markets. The move allowed for greater foreign investment and trade, marking a important shift from the previous protectionist policies.