Question

    As per RBI regulations, how many walk-in remittances are

    allowed per year for India-Nepal corridor non-customers, and what is the maximum amount per remittance?
    A 5 remittances, ₹25,000 per remittance Correct Answer Incorrect Answer
    B 10 remittances, ₹1,00,000 per remittance Correct Answer Incorrect Answer
    C 12 remittances, ₹50,000 per remittance Correct Answer Incorrect Answer
    D 15 remittances, ₹75,000 per remittance Correct Answer Incorrect Answer
    E Unlimited remittances, no cap Correct Answer Incorrect Answer

    Solution

    Under the India-Nepal Remittance Facility Scheme, walk-in/non-customers are allowed to send up to 12 remittances per year with a ceiling of ₹50,000 per remittance.

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