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How much amount can be transferred to Nepal through Indo Nepal Remittance Facility under the National Electronic Fund Transfer (NEFT)?
  • a)
    Rs. 10000
  • b)
    Rs. 50000
  • c)
    Rs. 25000
  • d)
    Rs. 1 lakh
  • e)
    Rs. 2 lakhs
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
How much amount can be transferred to Nepal through Indo Nepal Remitta...
The Reserve Bank of India has increased the maximum amount of money that can be transferred under the Indo-Nepal Remittance Facility Scheme from Rs 50,000 to Rs 2 lakhs per transaction. Previously, there was a 12-transaction limit per year.
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How much amount can be transferred to Nepal through Indo Nepal Remittance Facility under the National Electronic Fund Transfer (NEFT)?a)Rs. 10000b)Rs. 50000c)Rs. 25000d)Rs. 1 lakhe)Rs. 2 lakhsCorrect answer is option 'E'. Can you explain this answer?
Question Description
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