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      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.

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