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    Question

    Outward remittances under the Liberalised Remittance

    Scheme (LRS) in October 2025 declined to: 
    A $2.10 billion Correct Answer Incorrect Answer
    B $2.24 billion Correct Answer Incorrect Answer
    C $2.36 billion Correct Answer Incorrect Answer
    D $2.48 billion Correct Answer Incorrect Answer
    E $2.62 billion Correct Answer Incorrect Answer

    Solution

    Outward remittances under LRS declined 1.81% year-on-year to $2.36 billion in October 2025, mainly due to lower spending on overseas travel and education. 

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