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PPB Capsule Cards PRO Foreign Exchange Remittan…
Under LRS, what is the maximum foreign exchange limit allowed for medical treatment abroad without insisting on a hospital or doctor's estimate?
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44 Views
Medical Treatment Abroad Limits
Foreign Exchange Remittance Facilities for Individuals 44
WA 44
PPB Capsule Cards PRO Foreign Exchange Remittan…
When did the Foreign Exchange Management Act (FEMA) come into effect, and what act did it replace to manage foreign exchange in India?
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40 Views
FEMA Introduction & Enactment
Foreign Exchange Remittance Facilities for Individuals 40
WA 40
PPB Capsule Cards PRO Foreign Exchange Remittan…
What is the maximum limit of foreign exchange an individual can remit outwards under the Liberalised Remittance Scheme (LRS) per financial year?
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Liberalised Remittance Scheme Limit
Foreign Exchange Remittance Facilities for Individuals 37
WA 37
PPB Capsule Cards PRO Foreign Exchange Remittan…
What is the monetary ceiling prescribed by RBI for using International Credit Cards (ICCs) for expenses while on a visit outside India?
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International Credit Cards (ICC)
Foreign Exchange Remittance Facilities for Individuals 37
WA 37
PPB Capsule Cards PRO Foreign Exchange Remittan…
At what threshold is a person bringing foreign exchange into India required to make a declaration to the Customs Authorities via a CDF?
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Currency Declaration Form (CDF) Limits
Foreign Exchange Remittance Facilities for Individuals 34
WA 34
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PPB Capsule Cards PRO Foreign Exchange Remittan…
How much foreign exchange can an Authorized Dealer release to resident individuals pursuing their studies abroad?
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Foreign Studies Remittance Limit
Foreign Exchange Remittance Facilities for Individuals 34
WA 34
PPB Capsule Cards PRO Foreign Exchange Remittan…
When returning to India, what is the rule regarding the redemption of unutilized balances on Prepaid Travel Cards purchased by resident Indians?
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33 Views
Unspent Prepaid Travel Cards
Foreign Exchange Remittance Facilities for Individuals 33
WA 33
PPB Capsule Cards PRO Foreign Exchange Remittan…
Within what timeframe must a resident individual surrender realized, unspent, or unused foreign exchange to an Authorized Person?
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Surrender of Foreign Exchange
Foreign Exchange Remittance Facilities for Individuals 31
WA 31
PPB Capsule Cards PRO Foreign Exchange Remittan…
Which foreign exchange outward remittance transactions are strictly prohibited under Schedule I of the Current Account Transactions Rules?
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Prohibited Remittances (Schedule I)
Foreign Exchange Remittance Facilities for Individuals 30
WA 30
PPB Capsule Cards PRO Foreign Exchange Remittan…
Under FEMA, how are Authorized Dealers (ADs) categorized by the RBI based on the foreign exchange transactions they are permitted to handle?
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Authorized Dealer Categories
Foreign Exchange Remittance Facilities for Individuals 28
WA 28
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PPB Capsule Cards PRO Foreign Exchange Remittan…
What specific capital or current account transactions are completely prohibited from being funded via the Liberalised Remittance Scheme (LRS)?
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LRS Prohibited Purposes
Foreign Exchange Remittance Facilities for Individuals 28
WA 28
PPB Capsule Cards PRO Foreign Exchange Remittan…
Are corporates, partnership firms, Hindu Undivided Families (HUFs), or Trusts eligible to make remittances under the LRS scheme?
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LRS Ineligible Entities
Foreign Exchange Remittance Facilities for Individuals 27
WA 27
PPB Capsule Cards PRO Foreign Exchange Remittan…
Which type of outward remittances require prior approval from the Central Government as detailed in Schedule II?
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Prior Gov Approval (Schedule II)
Foreign Exchange Remittance Facilities for Individuals 26
WA 26
PPB Capsule Cards PRO Foreign Exchange Remittan…
What is the ceiling for an Authorized Person to pay cash in Indian Rupees when purchasing foreign currency notes from a resident person?
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Purchase of FC from Public
Foreign Exchange Remittance Facilities for Individuals 26
WA 26
PPB Capsule Cards PRO Foreign Exchange Remittan…
Are payments due as interest on loans and net income from investments considered current or capital account transactions under FEMA?
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Current vs Capital Account
Foreign Exchange Remittance Facilities for Individuals 26
WA 26
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According to FEMA, what is the basic criteria for a person to be classified as a 'Person Resident in India' based on their stay?
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Definition of Resident Indian
Foreign Exchange Remittance Facilities for Individuals 25
WA 25
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How does FEMA define a 'Capital Account Transaction' regarding the assets and liabilities of persons resident in India or outside India?
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Capital Account Transaction
Foreign Exchange Remittance Facilities for Individuals 25
WA 25
PPB Capsule Cards PRO Foreign Exchange Remittan…
What is the maximum ceiling amount per remittance allowed from India to Nepal under the Indo-Nepal Remittance Facility Scheme?
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Indo-Nepal Remittance Scheme Ceiling
Foreign Exchange Remittance Facilities for Individuals 23
WA 23
PPB Capsule Cards PRO Foreign Exchange Remittan…
Which two countries' citizens are explicitly excluded from the definition of a Person of Indian Origin (PIO) under FEMA regulations?
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Person of Indian Origin (PIO)
Foreign Exchange Remittance Facilities for Individuals 22
WA 22
PPB Capsule Cards PRO Foreign Exchange Remittan…
Under the Indo-Nepal scheme, what are the restrictions for non-account holders remitting cash through a bank branch in India?
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Indo-Nepal Cash Remittances
Foreign Exchange Remittance Facilities for Individuals 18
WA 18
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Foreign Exchange Remittance Facilities for Individuals — JAIIB PPB Capsules

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Medical Treatment Abroad Limits Under LRS, what is the maximum foreign exchange limit allowed for medical treatment abroad without insis… FEMA Introduction & Enactment When did the Foreign Exchange Management Act (FEMA) come into effect, and what act did it replace to man… Liberalised Remittance Scheme Limit What is the maximum limit of foreign exchange an individual can remit outwards under the Liberalised Rem… International Credit Cards (ICC) What is the monetary ceiling prescribed by RBI for using International Credit Cards (ICCs) for expenses… Currency Declaration Form (CDF) Limits At what threshold is a person bringing foreign exchange into India required to make a declaration to the… Foreign Studies Remittance Limit How much foreign exchange can an Authorized Dealer release to resident individuals pursuing their studie… Unspent Prepaid Travel Cards When returning to India, what is the rule regarding the redemption of unutilized balances on Prepaid Tra… Surrender of Foreign Exchange Within what timeframe must a resident individual surrender realized, unspent, or unused foreign exchange… Prohibited Remittances (Schedule I) Which foreign exchange outward remittance transactions are strictly prohibited under Schedule I of the C… Authorized Dealer Categories Under FEMA, how are Authorized Dealers (ADs) categorized by the RBI based on the foreign exchange transa… LRS Prohibited Purposes What specific capital or current account transactions are completely prohibited from being funded via th… LRS Ineligible Entities Are corporates, partnership firms, Hindu Undivided Families (HUFs), or Trusts eligible to make remittanc… Prior Gov Approval (Schedule II) Which type of outward remittances require prior approval from the Central Government as detailed in Sche… Purchase of FC from Public What is the ceiling for an Authorized Person to pay cash in Indian Rupees when purchasing foreign curren… Current vs Capital Account Are payments due as interest on loans and net income from investments considered current or capital acco… Definition of Resident Indian According to FEMA, what is the basic criteria for a person to be classified as a 'Person Resident in Ind… Capital Account Transaction How does FEMA define a 'Capital Account Transaction' regarding the assets and liabilities of persons res… Indo-Nepal Remittance Scheme Ceiling What is the maximum ceiling amount per remittance allowed from India to Nepal under the Indo-Nepal Remit… Person of Indian Origin (PIO) Which two countries' citizens are explicitly excluded from the definition of a Person of Indian Origin (… Indo-Nepal Cash Remittances Under the Indo-Nepal scheme, what are the restrictions for non-account holders remitting cash through a…
Chapters in this paper
Banker-Customer Relationship Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities Essentials of Bank Computerisation Ethics, Business Ethics & Banking: An Integrated Perspective AML- KYC Guidelines Appraisal and Assessment of Credit Facilities Operational Aspects of CBS Environment Ethics at the Individual Level Operational Aspects of KYC Operational Aspects of Loan Accounts Alternate Delivery Channels – Digital Banking Ethical Dimensions: Employees Opening Accounts of Various Types of Customers Types of Collaterals and their Characteristics Data Communication Network and EFT Systems Work Ethics and the Workplace
Modules in PPB
MODULE A: General Banking Operations MODULE B: Functions of Banks MODULE C: Banking Technology MODULE D: Ethics in Banks and Financial Institutions
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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