Rupee Drawing Arrangement (RDA) is a channel to receive cross-border remittances from overseas jurisdictions. This scheme is not used for cross-border outward remittances from India. There is no limit on the remittance amount as well as on the number of remittances. However, there is an upper cap of Rs.15.00 lakh for trade related transactions. No cash disbursement of remittances is allowed under RDA. The remittances have to be credited to the bank account of the beneficiary.
When did INS Sunayna arrive at Port Victoria, Seychelles?
The Centre’s fiscal deficit at the end of the first quarter touched ______ of the full-year target. In absolute terms, the fiscal deficit was Rs 4...
The Reserve Bank of India (RBI) has raised the upper limit of an offline payment transaction to ________ from the existing Rs 200 to promote the use of ...
Koneru Humpy is associated with which sport?
Which country is going to host Club World Cup in February 2023?
Regarding the 21st Shangri La Dialogue, consider the following statements:
I. It is an annual security conference focused on the Asia-Pacific reg...
In response to the AI safety challenges, which two countries agreed to jointly develop tests for advanced AI models in 2024?
Neeruswamy Pillai and Rajaratanam Pillai are exponents of which musical instrument?
Where is the 'Startup 20 Shikhar' summit being organized under the G20 chairmanship of India?
Which state ranked at top in ‘Smart Policing Index 2021’ which is conducted by the Indian Police Foundation (IPF)?
