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    Question

      As per FEMA maximun amount a resident individual can pay in India, for meeting of medical expense of a NRI close relative is __

    A USD 25,000 or equivalent Correct Answer Incorrect Answer
    B USD 2,50,000 or equivalent Correct Answer Incorrect Answer
    C As per limits given under LRS Correct Answer Incorrect Answer
    D No limit Correct Answer Incorrect Answer
    E USD 5,00,000 or equivalent Correct Answer Incorrect Answer

    Solution

    For expenditure in India in INR, no limits are defined as it does not involve use of foreign currency.

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