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Q:
A) USD 3,00,000 | B) USD 3,50,000 |
C) USD 2,00,000 | D) USD 2,50,000 |
Answer: D) USD 2,50,000
Explanation:
Explanation:
Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both