Question
Union Bank of India opening a dollar account with
Citibank in New York is called as -Solution
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.
What was the effect of RBIβs intervention to reduce the steep fall in the value of rupee?
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From the following select the appropriate word to replace number (50) in the above passage.Β
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In the following passage, some words have been omitted and indicated by a number. Select the most appropriate word from the given options pertaining to...
According to the author, which sector has taken up AI faster?
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Fill in the blank with the appropriate word.