Which among the following is correct about the Vostro Account? – McqOptions

MCQOPTIONS

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

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