What is the full form of NRE account?

A)
National Resident External account
B)
Non Resident External account
C)
National Rural External account
D)
None of the above

Correct Answer : Option (B) - Non Resident External account



The NRE(Non Resident External) account can be credited with remittances from abroad, transfers from existing NRE/ FCNR accounts or by deposit of foreign exchange.

Published On : June 27, 2021
Category : Banking