state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 Current Affairs Business and Economy Economic and Financial Affairs
The Liberalised Remittance Scheme (LRS) allows resident individuals in India to remit money abroad for various purposes. Which of the following are permissible uses under LRS?
1. Investment in shares and debt instruments in foreign countries
2. Purchase of lottery tickets in countries outside India
3. Medical expenses and educational expenses abroad
4. Purchase of immovable properties overseas
Select the correct answer using the code given below:
1
1, 2, and 3 only
2
1, 3, and 4 only
3
2 and 4 only
4
1, 2, 3, and 4