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    Question

    The Reserve Bank of India has partially relaxed

    restrictions on SBM Bank India by allowing ATM/POS transactions under the Liberalised Remittance Scheme (LRS) only till _____.
    A March 15,2023 Correct Answer Incorrect Answer
    B March 31,2023 Correct Answer Incorrect Answer
    C April 10,2023 Correct Answer Incorrect Answer
    D February 28,2023 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India has partially relaxed restrictions on SBM Bank India by allowing ATM/POS transactions under Liberalised Remittance Scheme (LRS) through its KYC compliant internationally active debit cards. This relaxation, available only till March 15 2023, has been made to provide relief to affected customers of the bank.

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