Challenger App

No.1 PSC Learning App

1M+ Downloads
Who can be the nominee for and FCNR(B) account?

AOnly NRIs

BOnly foreign nationals

CResident Indians can be nominees

DOnly the account holder themselves

Answer:

C. Resident Indians can be nominees

Read Explanation:

.


Related Questions:

What is the maximum loan size limit for 50% of the portfolio of Small Finance Banks?
Which of the following is a feature of a charge card?
Which insurance covers the financial loss arising out of poor health condition or due to permanent disability
---- is a charge against profit.
--- is a person to whom the amount of a cheque is payable.