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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. |
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