What type of fixed deposit allows NRIs to earn interest on their foreign earnings?
NRE FD
NRO FD
FCNR
None of the above
Qn. 1 / 7
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Which of the following NRI Fixed Deposits allows for joint accounts with resident Indians?
NRE FD
NRO FD
FCNR
All of the above
Qn. 2 / 7
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Which type of NRI Fixed Deposit is exempt from TDS in India?
NRE FD
NRO FD
FCNR
Both NRE FD and FCNR
Qn. 3 / 7
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What is the minimum tenure for an NRE Fixed Deposit?
6 months
1 year
2 years
5 years
Qn. 4 / 7
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Which type of NRI Fixed Deposit is subject to restricted repatriability?
NRE FD
NRO FD
FCNR
Both NRE FD and FCNR
Qn. 5 / 7
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What does DTAA stand for in the context of NRI Fixed Deposits?
Double Taxation Avoidance Agreement
Deposit Tenure Adjustment Act
Direct Tax Assessment Authority
None of the above
Qn. 6 / 7
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Which type of NRI Fixed Deposit can benefit from DTAA?
NRE FD
NRO FD
FCNR
All of the above
Qn. 7 / 7
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