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    Question

    What percentage growth in remittances was recorded in

    August 2024 under the Liberalised Remittance Scheme (LRS) compared to July 2024?
    A 4.5% Correct Answer Incorrect Answer
    B 9.2% Correct Answer Incorrect Answer
    C 12.3% Correct Answer Incorrect Answer
    D 16.6% Correct Answer Incorrect Answer
    E 20.4% Correct Answer Incorrect Answer

    Solution

    Remittances under the LRS grew 16.6% sequentially from $2.75 billion in July 2024 to $3.2 billion in August 2024.

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