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A Vostro account is defined as an account that a correspondent bank holds on behalf of another bank. Vostro is a Latin word that means “your”, therefore, a vostro account implies that it is “your account”. An example of such an account would be HSBC vostro account is held by SBI in India. Vostro and Nostro accounts are often confused to be the same. While in essence, it is the same account that is being spoken about, the perspective from which it is being seen matters. In a vostro account, it is the correspondent foreign bank point of view, whereas in a nostro account, it is the point of view of the domestic bank. Vostro accounts are maintained in the domestic currency whereas, nostro accounts in foreign currency. A Loro account is a current account that is maintained by one domestic bank for another domestic bank in the form of a third-party account, unlike nostro and vostro which is bilateral correspondence.
Select the option in which the given figure is embedded (rotation is not allowed).
Select the option that is related to the third word in the same way as the second word is related to the first word.
John: Amman ∷ Qatar:?
Select the option figure which is embedded in the given figure as its part (rotation is NOT allowed).
Which of the following numbers will replace the question mark (?) in the given series?
144, 127, 110, ?, 76, 59
Identify the number that does NOT belong to the following series.
289, 306, 340, 389, 459, 544
In a certain code language, ‘TRAUMA’ is coded as ‘36’ and ‘STIL’ is coded as ‘24’. How will ‘OBEIDEINT’ be coded in that language?
Select the set in which the numbers are related in the same way as are the numbers of the following set.
(NOTE : Operations should be performe...
Two statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance w...
पांच मित्र P, B, C, G ओर H एक वृत्ताकार मेज के चारों ओर केंद्र की �...
Identify the figure that completes the given pattern.
1.