Under the Exchange Earners Foreign Currency (EEFC) account scheme regulated by the Reserve Bank of India (RBI), what is the maximum percentage of foreign exchange earnings that can be credited to an EEFC account by an eligible resident entity, and what is the nature of this account?

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Banking · FEMA Regulations

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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100 percent of the earnings in a current account which does not bear any interest.

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