Multiple choice

Which of the following amounts can be sent abroad by an NRI from his NRO account?

(a) interest credited by the bank (b) amount of dividend received (c) principal in the account

  1. (a) and (b)

  2. (b) and (c)

  3. (a) and (c)

  4. All (a), (b) and (c)

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Principal in the account cannot be sent abroad by an NRI from his NRO account.