Q. Which among the following is correct about the Vostro Account? (Solved)
1. it is an account maintained by a foreign bank with a bank in india in indian rupees.
2. it is an account maintained by an indian bank with a bank in foreign country in foreign currency
3. ? it is an account maintained by a indian bank branch with a foreign bank in foreign currency.
4. it is an account maintained by a foreign bank branch with a indian bank in foreign currency.
- a. it is an account maintained by a foreign bank with a bank in india in indian rupees.