What are the major types of transactions or activities that result in demand for foreign currency in the spot foreign exchange market? What is the role of NRI deposits in rising external debt? How should I invest 30 lakh rupees in a risk free way? a) What are c...
Since interest rates are higher for NRE deposits as compared to FCNR deposits, why would an NRI want to maintain his savings in an FCNR account instead of an NRE account? If you earn 8% per year on your bank account, how long will it take an account with $100 to double ...
In the case of a dividend yield fund, the returns that you’re going to receive depend on the declaration of profits by the underlying company. Therefore, the NRI investors directly receive dividends from the fund manager if he chooses this option. Subsequently, the financial insti...