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.
More Previous Year Paper Questions
Evaluate: 25 − 4 × (3 + 2) ÷ 5
What will come in the place of question mark (?) in the given expression?
? ÷ (33 - 12 X 2) = (24 + 50 - 38) ÷ ?Â
12.5% of 384 - 16.66% of 66 = √16 + √? + 22
245 + (45 ÷ 3 + 5) × 6 - 125 = ?
- Evaluate: 168 ÷ 12 × 5 + 190 – 20% of 450
What value should come in the place of (?) in the following questions?
√16 * ? = √144 + (18 * 4 ÷ 3)
1885 ÷ 64.98 + 7.29 + ? = 69.09
What is the value of (152+82) ÷17
- What will come in place of (?), in the given expression.
(81 ÷ 9) + (121 ÷ 11) + (64 ÷ 8) = ? √(24 × 5 ÷ ?) × 4 = 56 + 34 – 10
