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Start learning 50% faster. Sign in nowIndian 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.
The Chemical name of ‘Washing Soda’ is –
What is the significance of Rashtriya Chemicals and Fertilizers (RCF) being granted Navratna status by the government of India?
__________completed the construction of the world's largest hydrogen fuel cell power plant, 'Shinincheon Bitdream Fuel Cell Power Plant', which holds th...
What is the main objective of the ISRO Robotics Challenge-URSC 2024 (IRoC-U 2024)?
Who became Ireland's youngest ever Prime Minister in recent history?
As of 31 March 2024, which of the following banks reported the highest nonperforming loan (NPL) ratio?
How many new species of Darwin wasps were discovered by researchers from ATREE?
Which state topped the Urban Governance Index (UGI) in 2024?
Who was recently appointed as the 35th Foreign Secretary of India?
India has ______ LEED Zero certified projects, comprising 45 percent of the more than 150 total LEED Zero certifications, with Haryana and Tamil Nadu le...