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Panchshil

Create an image depicting a diverse group of people discussing their experiences with NRI regulations in a vibrant outdoor setting, with elements like a farm, a bank, and legal documents in the background.

Explore Your Knowledge on NRI Regulations

Test your understanding of NRI regulations and policies with our comprehensive quiz! Dive into essential topics that every NRI should know.

Key Topics:

OCI and PIO Card Holders
Investment and Farming Rights
Tax Exemptions
Home Loan Eligibility

7 Questions2 MinutesCreated by CuriousAdvisor482

An PIO or OCI card holder needs to go to take permission from Foreign regional office for working in Private institutions

Yes

Before 15 years

After 15 years

Hrishikesh is an NRI holding an OCI card. He has a dream to grow strawberries in Mahabaleshwar and become a farmer. Can he do it?

Definitely Yes !

Yes on a work visa

Need to get authorities permission

Absolutely not

Can OCI card holder apply for indian citizenship?

Yes after 5 years

Yes after 7 years

Yes after getting OCI card issued

Yes entering India

Can an NRE a/c holder can deposit money in any currency and withdraw in Indian rupees.

Maybe

Cant say

Yes

How much deduction can be claimed on loan interest repayment under section 24?

50000

150000

200000

250000

What should be one's minimum credit score to avail a home loan?

600

700

650

750

Is the interest earned on deposits in an NRO account tax exempt?

Yes

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