Foreign Exchange Operations || Unit 5 || Liberalised Remittance Scheme (LRS) || Theory – Part 1

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Welcome to Part 1 of our detailed explanation on the *Liberalised Remittance Scheme (LRS)* under **Foreign Exchange Operations – Unit 5**.

In this video, we break down the *concept, eligibility, limits, purposes**, and **restrictions* of LRS in an easy-to-understand format, ideal for *JAIIB/CAIIB aspirants* and **banking professionals**.

👉 Whether you're preparing for **JAIIB 2025**, want clarity on **foreign exchange rules**, or just want to master **LRS provisions**, this video is for you!

📌 *What you’ll learn:*

Meaning & objective of LRS
Resident eligibility criteria
Permitted and prohibited remittances
LRS limit of USD 250,000
Role of Authorized Dealers (ADs)
Key regulatory guidelines

📚 Stay tuned for **Part 2**, where we’ll discuss practical questions and examples.

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