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    Question

    Outward remittances under LRS in July 2025 amounted to

    (USD):
    A $2,201.10 million Correct Answer Incorrect Answer
    B $2,452.93 million Correct Answer Incorrect Answer
    C $2,654.40 million Correct Answer Incorrect Answer
    D $2,754.05 million Correct Answer Incorrect Answer
    E $2,912.50 million Correct Answer Incorrect Answer

    Solution

    July 2025 outward remittances under the Liberalised Remittance Scheme (LRS) were $2,452.93 million, reflecting an 11% year-on-year decline from $2,754.05 million in July a year earlier. The drop was driven chiefly by softer outflows for travel and studies abroad.

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