Current Affairs · Foreign Exchange & Trade
Under the Liberalised Remittance Scheme (LRS) of the RBI, what is the maximum amount that a resident individual can freely remit per financial year for any permitted current or capital account transaction?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1USD 500,000
- 2USD 250,000✓
- 3USD 150,000
- 4USD 100,000
Correct answer
USD 250,000
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