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As per RBI data, what is the amount remitted by Indians in Q1FY23 under the Liberalised Remittance Scheme (LRS)?
USD 3.65 billion
USD 8.76 billion
USD 5.87 billion
USD 7.62 billion
USD 6.04 billion
Correct Option 5 - $6.04 billion
The latest data for Q1FY23 released by the RBI shows that remittance by Indians under the scheme jumped 64.75 percent to $6.04 billion from $3.67 billion in Q1 FY22.
By: Parvesh Mehta ProfileResourcesReport error
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