What is Liberalized Remittance Scheme 2023
Liberalized Remittance Scheme: The Liberalized Remittance Scheme (LRS) is a scheme introduced by the Reserve Bank of India (RBI) that allows resident individuals in India to remit a certain amount…
Why are Rs 2000 denomination bank notes being withdrawn
Rs 2000 denomination bank notes being withdrawn, The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI Act, 1934, primarily to meet the currency requirement of…