Question

what is the fullform of NRO and meaning?​

Answer 1

full form is non resident original rupee

Answer 2

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Non Resident Ordinary (NRO)

NRO stands for Non-Resident Ordinary account. It refers to the savings or Fixed Deposit account of a Non-resident Indian in a bank in India. This is a Rupee account. Interest earned in this account is taxable. The account can be jointly held with a resident Indian..

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