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Consider the following statements with reference to the Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs):
(1) While an NRI can acquire agricultural or plantation properties, an OCI cannot do the same.
(2) An NRI has a preference over an OCI on inter-country adoption of Indian children.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2 
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Consider the following statements with reference to the Non-Resident I...
The advantages that OCIs have over NRIs are:
• They can enter India multiple times, get a lifelong multipurpose visa to visit India, and are exempt from registering with Foreigners Regional Registration Office (FRRO).
• If an individual is registered as an OCI for five years, he/she is eligible to apply for Indian citizenship.
• At all Indian international airports, OCI cardholders are provided with special immigration counters.
• OCI cardholders can open special bank accounts in India, buy the non-farm property and exercise ownership rights and can also apply for a Permanent Account Number (PAN) card.
•  The holder also doesn’t require a student or employment visa to acquire employment or academic opportunities in India. OCI’s are treated on par with NRI’s when it comes to
• All facilities in economic, financial and educational fields
• With respect to the admission of children in educational institutions under general category quota, matters of inter-country adoption of Indian children. Hence, statement (2) is not correct.
But some limitations exist on OCI holders:
• OCI cardholders do not get voting rights, cannot hold a government job and purchase agricultural, plantation properties or farmland. Hence, statement (1) is correct.
• They cannot travel to restricted areas without government permission.
Therefore, the correct answer is (a).
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Most Upvoted Answer
Consider the following statements with reference to the Non-Resident I...
Explanation:
- The correct answer is option 'A' - statement 1 is correct while statement 2 is incorrect.



Explanation of Statement 1:
- Non-Resident Indians (NRIs) are individuals of Indian origin who live outside India for various reasons such as employment, business, or education. Overseas Citizen of India (OCI) is a status given to foreign citizens of Indian origin.
- According to the rules and regulations governing the acquisition of properties in India, an NRI can acquire agricultural or plantation properties in India. This means that NRIs can buy agricultural land, farmhouses, and plantations in India.
- On the other hand, OCI holders are not allowed to acquire agricultural or plantation properties in India. This restriction is in place to protect agricultural land and prevent the exploitation of resources by foreign citizens.
- Therefore, statement 1 is correct as NRIs can acquire agricultural or plantation properties while OCIs cannot do the same.



Explanation of Statement 2:
- Inter-country adoption refers to the process of adopting a child from one country by parents who are citizens of another country.
- Both NRIs and OCIs have the option to adopt Indian children, but there is no preference given to NRIs over OCIs in inter-country adoption.
- The adoption process in India is governed by the Adoption Regulations, 2017, which do not differentiate between NRIs and OCIs. The eligibility criteria for adoption are the same for both NRIs and OCIs.
- The preference in inter-country adoption is given based on factors such as the suitability of the adoptive parents, the welfare and best interests of the child, and the compatibility of the child with the adoptive parents.
- Therefore, statement 2 is incorrect as there is no preference given to NRIs over OCIs in inter-country adoption of Indian children.



Conclusion:
- In conclusion, statement 1 is correct as an NRI can acquire agricultural or plantation properties while an OCI cannot. However, statement 2 is incorrect as there is no preference given to NRIs over OCIs in inter-country adoption of Indian children.
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Consider the following statements with reference to the Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs):(1) While an NRI can acquire agricultural or plantation properties, an OCI cannot do the same.(2) An NRI has a preference over an OCI on inter-country adoption of Indian children.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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