Which of the following statement is/are correct regarding the Vostro account?

Which of the following statement is/are correct regarding the Vostro account?
1). It is an account held by a correspondent bank on behalf of another bank.
2). The account is a record of money owed to or maintained by a third party.
3). A Vostro account is like any other account held by a bank.
4). All of the above

---

Join Telegram Group

Answer This Question
Name:
Email:
Answer :
Sum of (3+1)
Submit:

Other Questions

1. Which of these states became the first to launch a pan-India single emergency number '112'?

2. The ________ Livestock Census will be conducted in all States and Union Territories from October 1, 2018.

3. What was the main reason of introducing trade reforms in 1991? I. Make exports competitive II. Unshackle foreign trade from the clutches of a control regime III. Allow import of most goods using only tariff as a restraint

4. When the actions can lead to the entire financial system coming to a standstill, it is called________.

5. Global capital-flows to developing countries increased significantly during the nineties. In view of the East Asian financial crisis and Latin American experience, which type of inflow is good for the host country?

6. Which country will host the Interfaith Alliance Forum on 19th and 20th Nov 2018?

7. Who among the following won the coveted 'Miss World 2018' crown on 8 December 2018?

8. Which film industry celebrates 100 years of Film Festival?

9. What does R stands in the term 'INROADS"

10.  Andres Manuel Lopez Obrador has been elected as President of which country?