A nostro account will be in foreign currency (it is a record of funds held by a bank in another country in the currency of that country) i.e. a bank in country A keeping a record of money held by a bank in country B, in the currency of country B. A vostro account will be in the local currency of the bank where the money is being held i.e. it is the bank in Country B's record of the money kept by the bank from country A with it.
With respect to Revenue Budget, Consider the following statement:
I. Tax revenues
II. Non-Tax revenues...
Soparrkar and the logo of his worldwide initiative ‘Dance for a Cause’ are being printed on an official postage stamp issued by the _______________ ...
As per the Economic Survey 2023-24, which of the following is NOT a long-term measure suggested to stabilize food prices in India?
To raise the quality of education the Prime Minister Shri Narendra Modi has announced a scheme Schools for Rising India (PM SHRI) for which the cabinet ...
According to the Union Budget 2023-24, consider the following statements regarding Cooperation:
1. New co-operatives that commence manufacturing ...
As per the Economic Survey 2023-24, what was the fiscal deficit of the Union Government in FY24 according to provisional actuals (PA) data?
Which sector will be promoted through centres of excellence under the new program for research and innovation?
Recently which of the following telecommunication company of in India has completed a successful trial of the country’s first 5G private network a...
Who has has been named as the managing director of TATA Projects?
How many projects have been sanctioned under the National Adaptation Fund for Climate Change (NAFCC) in India?
