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LU 3 - Modern Banking
LU 3 - Modern Banking
Question Results
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Question:
What is DTAA?
Response:
Double Tax Applicable Agreement
Double Tax Agreeable Agreement
Dual Tax Avoidance Agreement.
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Question:
If first account opened is NRE then what accounts can be opened in second option?
Response:
RFC
NRE
NRO
EEFC
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Question:
Where can customer do a cash deposit for Initial Funding?
Response:
No cash deposit option
CDM
RM
Branch
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Question:
What is the interest rate on ASAP account for balance less than 10000?
Response:
3.50%
4%
7.10%
0%
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Question:
If a customer wants to open NR account without IP whose approval is required?
Response:
NR Relationship Manager
NR Circle Head
Operations Head
Branch Head
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Question:
What is FATCA?
Response:
Foreign Account Tax Commitment Act
Foreign Account Tax Commission Act
Foreignsic Account Tax Compliance Act
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