Question
When was the Liberalized Remittance Scheme
introduced?ÂSolution
The Liberalised Remittance Scheme ( LRS scheme ) of the RBI was introduced in 2004, under which, all resident individuals, including minors, are allowed to freely remit up to $250,000 per financial year for any permissible current or capital account transaction or a combination of both . The scheme was introduced on February 4, 2004, with a limit of $25,000 .
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Conclusions:
I. Some Medicines are not Pills.
II. Some Tablets being Medicines is a possibility.
Statements:
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Each option contains some statements. Determine from which statements the given two conclusions follow.
Conclusion:
I. Some images a...
Statements:
Only a few clouds are floors.
All floors are roof.
Some roof are drops.
Only a few drops are procedures.
...
Statements:
B < C ≤ J; N > Q < J; J = S; N > Z
Conclusions:
I. Q < C
II. N < C
Statement : Some sugar are wheat.
All wheat are pulses.
No pulses is a rice.
Some rice are tea.
Conclusion : I. Some suga...
Statement :Â Some letters are alphabets.
                              All alphabets are words.
Some ...
Statements:
Only a few Fried are Smoky
Mostly Smoky are Burner
Only Burner are Roaster
Conclusion:
I. All Smoky are R...
Statements:
No watches are mobile.
Some mobile is earphone.
Only a few earphones is bike.
Only a few bike is car.
...
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