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    5. Which category saw a 33.18% increase in remittances under India’s LRS in August 2024?

    Question

    Which category saw a 33.18% increase in remittances

    under India’s LRS in August 2024?
    A International travel Correct Answer Incorrect Answer
    B Gift Correct Answer Incorrect Answer
    C Equity and debt investments Correct Answer Incorrect Answer
    D Education Correct Answer Incorrect Answer
    E Property purchases Correct Answer Incorrect Answer

    Solution

    Investments in equity and debt schemes increased by 33.18% to $125.3 million.

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