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of <h1>Non-Resident Indians Can Open Multiple Bank Accounts with Clear Rules on Foreign Exchange Management Deposit Regulations</h1> The text provides comprehensive definitions for key terms in the Foreign Exchange Management (Deposit) Regulations, 2016. It defines various account types for non-residents, including FCNR(B), NRE, NRO, and SNRR accounts. The regulation also clarifies terms like 'authorized bank', 'authorized dealer', and 'Person of Indian Origin', establishing precise legal interpretations for financial and immigration-related contexts under the Foreign Exchange Management Act, 1999.
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