The Reserve Bank of India has tightened reporting norms for the LRS under which an individual can transfer up to USD 2,50,000 abroad in a year. What is the full form of LSR?

The Reserve Bank of India has tightened reporting norms for the LRS un

1.	The Reserve Bank of India has tightened reporting norms for the LRS under which an individual can transfer up to USD 2,50,000 abroad in a year. What is the full form of LSR?
A.	Liberalised Remittance Scheme
B.	Liberalised Remittance Service
C.	Liberalised Remittance System
D.	Legel Remittance Scheme
Answer» B. Liberalised Remittance Service