Question
SBI has an account with Citi Bank in USA. If Bank of
Baroda wants to use this account for a transaction, it is known as _______Solution
Loro account refers to a correspondent bank account that a domestic bank maintains in a foreign bank in the foreign currency and is used by a third bank. It means “Our account of their money with you”. 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.
Which direction does the Nile River flow?
Which is the largest freshwater lake in the world?
Consider the following statements:
1. Rajmahal highlands consist of lava flow deposits.
2. Bundelkhand gneiss belong to the oldest A...
What geographical term describes a large sea inlet that is usually concave?
Consider the following statements regarding Brahmaputra river:
1. It is known as Yarlung in China.
2. It originates from the Kailash range...
Consider the following events in the geological history of India:
1. Formation of Gondwana coal
2. Formation of Himalayas
3....
Deserts account for approximately what percentage of the Earth’s land surface?
Which of the following is a part of the Eastern coast?
What percent of the earth’s surface is covered by the Atlantic Ocean?
Which of the following is the highest peak in the world?
