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Options
-
NRE Account only
Correct answer
- B
NRO Account only
- C
NRE and NRO Account only
- D
Local Account
Why this is the answer
For repatriable investments, NRIs should provide a cheque drawn on their NRE (Non-Resident External) account. An NRE account allows the remittance of funds to the NRI’s country of residence after the sale of investments.
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