Question

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 1

☁hii mate☁

❄here is ur answer❄

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.

☑option C. is correct.☑

hope it helps______with reGarDs ========= SnehaG☑