Question
Consider the following statements about liberalised remittance scheme (LR
- S : (1) The Scheme enables parents to send money to their child studying abroad. (2) Under the scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year. (3) It was at an all-time high in FY22. Which of the statements given above is/are correct?
More Beepedia Questions
- How many wetlands has India added to the Ramsar list over the past decade, as per the recent data?
- Payoneer India Pvt Ltd received in-principle authorisation from the RBI to operate under which category?
- What is India’s rank in the “Future of Free Speech Index” released in 2024?
- When is Winter Solstice Day celebrated across the globe?
- According to the PFRDA annual report for FY 2024–25, how many partial withdrawal requests under NPS were made for housing purposes?
- What was India’s food inflation rate in December 2024?
- What is the estimated cost of the Project-75I submarine deal?
- What is the range of the Nag Mk-2 anti-tank guided missile successfully tested by DRDO?
- The NIRVIK Scheme is a scheme related to ______________ sector.
- ICMR has recently signed a MoU with which IIT for medical technology development?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
