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    Question

    What was the sequential growth in remittances under the

    Liberalised Remittance Scheme (LRS) from July to August 2024?
    A 4.5% Correct Answer Incorrect Answer
    B 7.3% Correct Answer Incorrect Answer
    C 10.2% Correct Answer Incorrect Answer
    D 16.6% Correct Answer Incorrect Answer
    E 20.4% Correct Answer Incorrect Answer

    Solution

    Remittances under LRS grew by 16.6% from $2.75 billion in July 2024 to $3.2 billion in August 2024, according to RBI data.

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