Question
What is a fast and convenient method for sending
personal remittances from abroad to recipients in India?Solution
The Money Transfer Service Scheme (MTSS) facilitates the swift and easy transfer of personal remittances from abroad to beneficiaries in India, specifically for family maintenance and remittances for foreign tourists visiting India. Outward remittances from India are not permitted under MTSS.Â
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Which of the following statement is incorrect?
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