In SNRR Account, SNRR stands for _________ A. Statutory Non Resident Rupee B. Single Non Resident Rupee C. Statutory Non Reflex Rupee D. Single Non Resident Rupee E. Special Non Resident Rupee

In SNRR Account, SNRR stands for _________ A. Statutory Non Resident Rupee B. Single Non Resident Rupee C. Statutory Non Reflex Rupee D. Single Non Resident Rupee E. Special Non Resident Rupee
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E. Special Non Resident Rupee Explanation: Any person resident outside India, having a business interest in India, can open a Special Non-Resident Rupee Account (SNRR account) with an authorised dealer for the purpose of putting through bonafide transactions in rupees.
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