Panchshil

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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
No
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.
No
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
No
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