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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