[Solved] Which among the following is correct about the Vostro Account?

McqMate

Q.	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» A. it is an account maintained by a foreign bank with a bank in india in indian rupees.

5.7k

0

Do you find this helpful?

24

View all MCQs in

Statistical Methods

Discussion

No comments yet

Related MCQs

Which among the following is correct about the Vostro Account?
Which among the following is the only correct statement?
Which among the following is the correct character of the Foreign Exchange Markets?
Which among the following is the correct character of the Foreign Exchange Markets?
Which among the above is/are correct?
Increase in deposit rate results in increase in investment which among the above statement/statements is /are correct?
Kuno Palpur Wildlife Sanctuary, which is being proposed as a new home for some relocated Gir lions from Gujarat, is located in which among the following states.
The state bank of India (Amendment) Bill-2010, which was passed in the parliament in the latter half of 2010, apart from other things, reduces the statutory minimum shareholding of the Central Government in the bank from ________ to ______ %, which among the following set of figures fills the blank correctly?
India announced that it was taking steps to reduce the” sensitive lists” of items for trade with SAARC countries recently. Which of the following is correct about items in “sensitive lists”?
Which among the following is the top dividend paying company of India, as per a study done by economic Times?