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International Diversification — LRS, GIFT City, and Currency — Quiz

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We've shown 2 questions below as a teaser. 6 more questions unlock with a free account, plus instant grading, explanations citing the module section, and a certificate when you pass.

Question 1 (teaser)

LRS (Liberalised Remittance Scheme) allows an Indian individual to remit up to:

1. USD 25,000 per year 2. USD 250,000 per year 3. USD 2.5 million per year 4. Unlimited

Question 2 (teaser)

When a sustained 3-4% annual INR depreciation against the USD is part of long-run expectation, an Indian investor holding US ETFs typically should:

1. Hedge the currency exposure to remove the noise 2. Not hedge — the structural depreciation is a tailwind, hedging removes a benefit and adds cost 3. Trade currency forwards aggressively 4. Hold only INR-denominated assets