1.

The RBI has tightened norms for LRS by making quoting of Permanent Account Number (PAN) mandatory even for transactions below $25,000. What does ‘LRS’ stands for?

A. Liability Remittance Scheme
B. Liaison Remittance Scheme
C. Liberal Remittance Scheme
D. Liberalised Remittance Scheme
Answer» E.


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