Sunday, 15 July 2018

Today Forex for individual recollected questions

Forex for individual
LRS
CN BUYING NUMERICAL
TT BUY / SELLING DEF
INDO NEPAL REMITTANCE
CDF FORM
MTSS NO IN YR
NRE NOMINATION
NRO PERMIT DEBIT
RFC D ACCOUNT
EMIGRATION AMT LIMIT
LIBIYA 5000 USD
BILL BUYING NUMERIC
FEMA SCHED 3
KYC 4 SIMPLIFIED MEASURE

NOTE CARRYING PERMISSION TO BHUTAN
IMMOVABLE PROERTY CANNOT BE BUY BY WHOM
AGENT PAYMENT TO REAL ESTATE COMMISSION MAXIM
HOW NEPALI CAN INVEST IN INDIAN SHARE
FCRA PURPOSE

FCNR TO NRE NUMERIC
INT PAYMENT IN PREMATURE FCNR WITHDRAWAL
NOMINATION IN NRE
DIPLOMAT RESIDENT IN INDIA SINCE 3 YR WHICH ACCOUNT TO OPEN
EEFC FOR STARTUP
P and I club permission
CULUTURAL GROUP PERMISSION FROM WHICH MIISTRY
FORM A 2 PURPOSE
LOAN CONDITION TO NRI FROM CLOSE RELATIVE
WHO ARE CLOSE RELATIVE
FOREX WHEN TO BUY BEFORE TRAVELLING
SURRENDER TIME OF FOREX
HONARAIUM RCVED CAN BE DEPOSIT IN WHICH AC

Foreign exhange facilities for individuals

1. 7 exchange rate calculation numericals of 2 marks each.. mostly tt selling and buying rate for DD issue, nostro settelment, nre to fcnr b conversion
2. Approx 12 questions on nre, nro and EEFC account.. through knowledge is required.
3. Ad1 and ad2 category dealers
4.resident joint savings account with nri will be treated as ? And mode of operation will be ?

5. Transfer limit of funds in foreign currency for accompanying relative facing medical emergency per fy
6. Capital account and current account transactions
7. How much money can given to a consultant as commission for sale of property in india by an nri and outside india by a resident
8. Can nro/nre funds be used to purchase property in India ?
9.if nri/PIO s close relative dies in India then how much funds can he transfer from proceeds if sale of assets in India

10. When NRI becomes Indian resident what happens to his nro account ?

11. If an employee gets shares under ESOP outside India then after selling shares should he immediately transfer funds to india or not.

12. Is interest given for sat n sunday if renewal of fcnr deposit lies on sat/sun - 3 questions with variations if savings interest will be given or no interest will be given or full interest on maturity amount from date of maturity/renewal to be given.

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