Residency requirements for foreign nationals. To legally purchase property in India as an individual without the permission of the Reserve Bank of India (RBI), a foreigner has to qualify as a âperson resident in Indiaâ under Section 2(v) of the Foreign Exchange Management Act (FEMA).
Ohm's law. n. The law stating that the direct current flowing in a conductor is directly proportional to the potential difference between its ends. It is usually formulated as V = IR, where V is the potential difference, or voltage, I is the current, and R is the resistance of the conductor.
Ohmâs Law / Wattâs Law Description and practical example: Ohmâs Law states the relationship between voltage, current and resistance. Given the relationship. between these three elements, once you know any two of them, it is possible to calculate the third. Wattâs Law is similarly useful in figuring out the relationship between power, voltage and current.