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    Question

    Under the Liberalised Remittance Scheme (LRS), a

    resident individual can remit up to __________┬а per financial year for permitted capital and current account transactions.
    A US$350,000 Correct Answer Incorrect Answer
    B US$250,000 Correct Answer Incorrect Answer
    C US$200,000 Correct Answer Incorrect Answer
    D US$150,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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