NRI SESSION

NRE a/c customer can Repatriable only after CA certificate

• True

• False

NRO a/c only foreign currency can be deposited

• True

• False

Full form for FCNR a/c

• Foreign commercial non registration

• Foreign contribution non regulation

• Foreign currency non resident

• None of the above

NRE a/c interest is tax free in India

• True

• False

If the customer is getting an option to pay premium. Which option will he select.

• The premium payment must be done in foreign currency. In a swift transfer process

• The premium payment must be done in India currency. In swift transfer process

• It is accepted in swift transfer process of USD only

Mr. Rangesh paid renewal premium and raised for GST waiver on the same week. Will he be getting the GST waiver benefits.

• Yes

• No

Mr. Sam paid the premium through international credit card. Will he be getting the benefits of GST waiver.

• No

• Yes

Who is a PIO

• PIO is having foreign citizen staying in foreign

• PIO is Indian origin having foreign citizenship

• Both the above correct

• Both the above are wrong

Who is OCI customers

• Overseas citizens of that particular country

• Overseas citizen having vote rights in India

• Overseas citizen of India they stay in India for job purpose

• None of the above

Will GST waiver applicable for sea farer

• Yes

• No