MCQOPTIONS
Saved Bookmarks
| 1. |
Which among the following is correct about the Vostro Account? |
| A. | It is an account maintained by a foreign bank with a Bank in India in Indian Rupees. |
| B. | It is an account maintained by an Indian bank with a Bank in Foreign country in Foreign Currency. |
| C. | It is an account maintained by a Indian Bank Branch with a Foreign Bank in Foreign Currency. |
| D. | It is an account maintained by a Foreign Bank Branch with a Indian Bank in Foreign Currency. |
| Answer» B. It is an account maintained by an Indian bank with a Bank in Foreign country in Foreign Currency. | |