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FEMA Regulations: Resident Accounts and Liberalized Remittance Scheme

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Multiple Choice

Which of the following is not a resident account under the Foreign Exchange Management (Resident Accounts) Regulations, 2000?

  1. Resident Ordinary Rupee Account
  2. Non-Resident Ordinary Rupee Account
  3. Resident Foreign Currency Account
  4. Resident External Rupee Account