Question
The Outward remittances under the RBI’s liberalised
remittance scheme (LRS) jumped how much per cent month-on-month (MoM) in August?Solution
Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) jumped 34.57 per cent month-on-month (MoM) in August to $2.67 billion, the latest data released by the central bank in the October bulletin showed.
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