-
CAIIB BFM UNIT 2 LIBERALISED REMITTANCE SCHEMEN (LRS) AND OTHER REITTANCE FACILITY
1. When was the Liberalised Remittance Scheme (LRS) first introduced? A) 1st January 2000 B) 4th February 2004 C) 1st April 2010 D) 15th August 2005 Answer: B 2. Which of the following is eligible to avail of the LRS? A) Corporates B) Partnership Firms C) Resident Individuals (including Minors) D) Hindu Undivided Families (HUFs) […]