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Indian Residents can open a resident bank account jointly with an NRI on “either or survivor” basis according to the Reserve Bank of India (RBI). The term “either or survivor” refers to the condition where both of the account holders can operate the account independently in the absence of the other. Note – The accounts in India by NRIs (like NRE, NRO or FCNR accounts), can be held by NRI jointly with a resident relative on ‘former or survivor’ basis. In this case the resident relative can operate the account as a Power of Attorney holder during the life time of the NRI/ PIO account holder.
Which provision of Consumer protection act 2019 talks about rights of consumers?
Which of the following is the correct timing for stamping a document, as per the Stamp Act?
Under which act APEDA (Agricultural and Processed Food Product Export Development Authority) was established in 1985?
The instrument of transfer of shares is required to be_________
Which of the following is an exception to S.132?
Any law which is inconsistent with the Fundamental rights is ________.
Which of the following language is not mentioned in Eighth Schedule of the Constitution of India?
Quota of reservation for women in Panchayat and Municipal elections is_____.
The official language of the Union shall be-
Any partner of an LLP is: