Question
A current account maintained by a domestic bank with a
foreign bank, in a foreign country is known as?Solution
Banks deal in Forex market and so have to maintain stocks of foreign currencies in the form of bank accounts with their overseas branches / correspondents. It refers to an account that a domestic bank holds in a foreign currency in foreign bank. Nostros, a term derived from the Latin word for “ours,” are frequently used to facilitate foreign exchange and trade transactions. Nostro A/C (our account with you) – is a current account maintained by a domestic bank (say SBI) with a foreign bank (say Citi Bank) in a foreign country.
Vimal is shorter to Vikram and taller than Rakesh, Ravi is Shorter to Vinay and taller than Vikram. Find the third tallest person?
Four words have been given, out of which three are alike in some manner and one is different. Select the odd one.
In a certain code language, 'STATE' is written as '38401405' and 'EXILE' is written as 5489245'.How will ‘ARENA’ be written in that language?
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
If ‘+’ means ‘–’, ‘–’ means ‘×’, ‘×’ means ‘÷’, ‘÷’ means ‘+’, then what will come in place of the question mark...
What should come in place of the question mark (?) in the given series based on the English alphabetical order?
MAG, UHM, ?, KVY, SCE
Select the Venn diagram that best illustrates the relationship between the following classes.
Vehicle, Car, Motorbike
If a mirror is place on the line XY, then which of the answer figures is the mirror image of the given figure?
Select the figure that will come next in the following figure series.
Question: Among 6 trees, A, B, C, D, E and F each having a different height, which tree is the third tallest?
Statement:
(I) B is shorter ...
