What is the limit on the amount of money for trade related transactions under RDA?
Rupee Drawing Arrangement (RDA) is a channel to receive cross-border remittances from overseas jurisdictions. This scheme is not used for cross-border outward remittances from India. There is no limit on the remittance amount as well as on the number of remittances. However, there is an upper cap of Rs.15.00 lakh for trade related transactions. No cash disbursement of remittances is allowed under RDA. The remittances have to be credited to the bank account of the beneficiary.
Which of the following is a thermosetting plastic?
Who is the author of the novel “I Shall Not Hear the Nightingale”?
Which Indian institute's students launched the first electric formula racing car, named 'RF23', during an event on November 28, 2022?
Which of the following functions cannot be performed by NBFCs?
Which entity is the sole nationalized reinsurance company in the Indian insurance market?
In which Indian state is the Pench Tiger Reserve (PTR) located, recently designated as India's first Dark Sky park?
Who has been appointed as honorary adviser for BRICS CCI in July 2020?
As of November 2023, India set to launch its first X-Ray Polarimeter Satellite. Which organization will launch this satellite?
The origin of Indian music can be traced to which of the following Vedic Samhitas?
Which of the following is the skill development schemes accessible to the target groups - Backward Classes, Scheduled Castes and Safai Karamcharis? (st...
