A) Foreign Currency Non-Resident (Bank) account [FCNR) account]
B) Non-Resident External account (NRE account)
C) Non-Resident Ordinary Rupee account (NRO account)
D) None of the above
Correct Answer: D
Solution :
[d] Foreign Exchange Management (Deposit) Regulations, 2000 permits Non-Resident Indians (NRIs) to have deposit accounts with authorized dealers and with banks authorized by the Reserve Bank of India (RBI). These accounts include: Foreign Currency Non-Resident (Bank) account (FCNR [b] account) Non-Resident External account (NRE account) and Non-Resident Ordinary Rupee account (NRO are only three such NRI accounts, which have already been given in the question.
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