Banking and Financial Awareness Basic Banking Concepts

Rupee Drawing Arrangement (RDA) is a channel to receive cross-border remittances from overseas jurisdictions. What is the upper capping for the trade-related transactions under the RDA?

1
₹10 lakhs
2
₹12 lakhs
3
₹14lakhs 
4
₹15 lakhs
5
₹25 lakhs

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