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    5. The Liberalised Remittance Scheme (LRS) by RBI allows remittances up to:

    Question

    The Liberalised Remittance Scheme (LRS) by RBI allows

    remittances up to:
    A $50,000 Correct Answer Incorrect Answer
    B $100,000 Correct Answer Incorrect Answer
    C $150,000 Correct Answer Incorrect Answer
    D $200,000 Correct Answer Incorrect Answer
    E $250,000 Correct Answer Incorrect Answer

    Solution

    LRS allows residents to remit up to $250,000 annually for permissible transactions.

    Practice Next
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