Question
What is the maximum amount allowed per financial year
under the Liberalised Remittance Scheme for resident individuals, including minors?Solution
Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
Under the RBI’s guidelines for import of gold by Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers...
What is the maximum loan limit per borrower for renewable energy projects like power generators or public utilities, under priority sector lending (PSL)...
Crystallisation of outstanding Foreign currency liability into rupee liability, in case of non realisation of export bill, is to be done at ________
Which of the following risks are addressed by Asset Liability Management ?
Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. What is the minimum amount of bank loan a benefici...
The Basel III capital regulations are based on which of mutually reinforcing Pillars
ABC Company extends credit terms of 45 days to its customers. Its credit collection would be considered poor if its average collection period was
What is the minimum net worth requirement for a merchant bank to register with SEBI?
How much equity infusion has been allocated through the Self-Reliant India Fund?
According to the Union Budget 2023-24, consider the following statements.Â
1.The IMF has projected global growth to slow from 6.2 percent in 202...
