Which investment method allows for the purchase of immovable property in India by NRIs/PIOs?a) Direct remittanceb) Gift from PRII/other NRI/OCIc) Both a) and b)d) Inheritance only

Which investment method allows NRIs/OCIs to invest in Indian chit funds?a) Repatriation basis investmentb) Non-repatriation basis investmentc) Foreign venture capital investmentd) Foreign direct investment

Which of the following is NOT a permissible investment for NRI/OCI on a repatriation basis?a) Bonds issued by a Public Sector Undertaking (PSU) in Indiab) Shares in Public Sector Enterprisesc) Units of domestic mutual fundsd) Government dated securities

Multiple Choice QuestionWhich type of international trade transaction involves the transfer of property rights to either real or financial assets between the citizens of one country and the citizens of another country?Multiple choice question.International property exchangeInternational asset transactionInternational tradeInternational investment

An investment property is derecognized (eliminated from the statement of financial poisition) whena.It is permanently withdrawn from use.b.No future economic benefits are expected from its disposal.c.It is disposed to a third party.d.In all of the above cases.Clear my choice

Which of the following is not required in a gift?AConsiderationBTransfer of ownershipCFree consentDAll the above