Which among the following is correct about the Vostro Account? | Faculties

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Shiva Ram

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Q. 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.

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✅ Correct Answer: (A) it is an account maintained by a foreign bank with a bank in india in indian rupees.

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