General Knowledge Questions

The error is in third part. The adjective hard has two different adverbs, and they express opposite meanings. The adverb hard is used to modify a verb and means that the action is being done very intensely. The adverb hardly is used to modify a verb and means that the action is not being done very intensely. So there the correct usage will be ‘working hard’.

LRS stands for - Liberalised Remittance Scheme.
LRS is a facility provided by the Reserve Bank of India for all resident individuals to freely remit certain amount in terms of US dollar every financial year for a permissible set of current or capital account transactions.
Note:
* In April 2018, the Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a year.

* The purpose of tightening of norms is to improve monitoring and to ensure compliance with LRS limits.
* The scheme was introduced in February 2004 and its regulations are provided under Foreign Exchange Management Act (FEMA), 1999.

Mohamad Al Jounde (16 years old) from Syria was awarded the ‘Children’s Peace Prize-2017’ for his efforts to ensure the rights of Syrian refugee children. He set up a school with the help of his family in a Lebanese refugee camp which provides education to 200 children.