Current Affairs

GK MCQs Section
Q. When was Liberalised Remittance Scheme established?
Answer: February 4th, 2004
Notes: Liberalised Remittance Scheme (LRS) established by the Reserve Bank of India on February 4th, 2004 to permit citizens of India to transfer funds abroad for permitted current or capital account transactions or for both.
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📌 Question Number: 5 in Remittance, Clearing and settlement services in the above course in App.