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 .
The World Bank has approved a $150-million loan to support which state government’s resilient programme designed to strengthen it for natural disaster...
Under the National Livestock Mission, how many breed multiplication farms have been established for pigs?
Statements:
1. Himachal Pradesh will launch the ‘Himachal Pradesh Early Childhood Care and Education Tutor Scheme’.
2. The scheme is a...
Which institution is ranked among the top 25 globally for business and management studies?
National Payments Corporation of India (NPCI) announced the UPI Safety and Awareness initiative, to create awareness amongst consumers. Under this initi...
SBI Cards and Payment Services Ltd, has approved the raising of funds through the issue of non-convertible debentures (NCDs) up to________ .
Jal Marg Vikas Project is being implemented to explore riverine transport for commercial use, this project is being financed by GoI and ______?
Aiming to strengthen 1,514 urban co-operative banks, the Reserve Bank has notified four key measures.Apart from the key measures,it has decided to exten...
Narayan Prasad Saud has been sworn in as the new foreign minister of which country?
On which date was the Bima Sakhi – Mahila Career Agent Scheme launched?
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