NOSTRO account means .

• A. An account opened by foreign citizens other than NRIs in India with Indian banks in INR for their expenses in India.
• B. An account opened by foreign citizens other than NRIs in India with foreign banks in foreign currency to convert Indian rupee to that currency and remit back to their own country.
• C. An account opened by an Indian bank in the foreign countries in their banks and in that country currency for settlement in that country's currency.
• D. An account opened by a foreign bank in India with their corresponding banks in INR for settlements in INR.
• E. None of these