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    Question

    Outward remittances under RBIтАЩs Liberalised Remittance

    Scheme (LRS) in July 2025 dipped by what percentage?┬а
    A 8% Correct Answer Incorrect Answer
    B 9% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 11% Correct Answer Incorrect Answer
    E 12% Correct Answer Incorrect Answer

    Solution

    Outward remittances in July 2025 fell by 11% YoY, amounting to $2,452.93 million against $2,754.05 million a year earlier. The decline was mainly due to reduced spending on travel and education abroad, though remittances for property and investments increased┬а

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