Question
Local currency account maintained by a local bank for a
foreign (correspondent) bank is called-Solution
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.
Under section 77 of the Bharatiya Sakshaya Adhiniyam the reference to the ____________________ have been removed
Which of the following is not the qualification of an Arbitrator as per the Arbitration and Conciliation Act?
The Magistrate may award compensation to persons groundlessly arrested not exceeding:
"Warrant case" means a case relating to an offence punishable with imprisonment for a term:
Under the Arbitration and Conciliation Act, 1996, what is the primary purpose of arbitration?Â
As per the IBC the pre-packaged insolvency resolution process shall commence from ________________
What is the minimum number of members to be appointed by Central Government in Competition Commission of India as per the Competition Act, 2002?
Out of the following thinkers who has not contributed to the development and theories of Torts?
As per the Specific Relief Act who has the power to designate one or more Civil Courts as Special Courts?
The thief in order to steal something, creeps after sunset into a ship at a port-hole between decks and then leaves before sunrise.He has committed