Local currency account maintained by a local bank for a foreign (correspondent) bank is called-
Nostro account refers to an account that a bank holds in a foreign currency in another bank. Nostros, a term derived from the Latin word for "ours," are frequently used to facilitate foreign exchange and trade transactions. The opposite term vostro accounts , derived from the Latin word for "yours," is how a bank refers to the accounts that other banks have on its books in its home currency.
In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIATE.
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Select the most appropriate option to fill in the blank.
India is formally moving ahead to ______ 21 MIG-29 and 12 Sukhoi-30MKI fighters from ...
Diffident
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIA...
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statement/s use/s th...
Change
I. Empowering and motivating the head of schools to take the lead and be the change agent for their school would be the key focus of ...
Vague
(I) Talented artists often keep going viral all over social media platforms for their skills and vague ideas.
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Scrumptious
(i) As science strode scrumptious into one arena of knowledge after another, it discredited claims to the infallibility of revelation...
One who believes in many Gods.
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIA...