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With an aim to make India’s International Financial Services Centre (IFSC) more attractive, the Reserve Bank of India removed restrictions on individuals from opening interest-earning Foreign Currency Accounts (FCA). Further, the central bank removed the condition of repatriating any funds lying idle in the FCA account for a period of up to 15 days. In February 2021, the RBI allowed resident individuals to make remittances under the Liberalised Remittance Scheme (LRS) to IFSCs set up in India. However, the remittances were to be made only for making investments in IFSC securities. Moreover, only a non-interest-bearing FCA was allowed in IFSCs under LRS. And any funds lying idle in the account for a period up to 15 days from the date of its receipt were to be immediately transferred back to the domestic account of the investor in India.
Select the letter-cluster from among the given options that can replace the question mark (?) in the following series.
DI, GO, LU, OA, TG, ?
An Assertion (A) and a Reason (R) are given below.
Assertion (A): The Indian Constitution came into force with effect from 26th January 1950.<...
In a certain code language, ‘APRON’ is written as ‘CNTMP’ and ‘EARTH’ is written as ‘GYTRJ’. How will ‘HEAVY’ be written in that la...
How many triangles are there in the given figure?
What should come in place of the question mark (?) in the given series?
18, 74, 298, 1194, 4778,?
Which letter-cluster from the options will replace the question mark (?) to complete the given series?
ASDF, BUGJ, CWJN, ?
In a certain code language, ‘LENGTH’ is written as ‘MDKGSF’ and ESCAPE’ is written as ‘BRDDOZ. How will ‘MARGIN’ be written in that lang...
‘Blossom’ is related to ‘Wither’ in the same way as ‘Stagnate’ is related to ‘________’.
(The words must be considered as meaning...
In this question two statements and the two conclusions related to them have been given in the form of i and ii, assuming that the statements given in t...