Question
SBI has an account with Citi Bank in USA. If Bank of
Baroda wants to use this account for a transaction, it is known as _______Solution
Loro account refers to a correspondent bank account that a domestic bank maintains in a foreign bank in the foreign currency and is used by a third bank. It means “Our account of their money with you”. A Loro account is a current account that is maintained by one domestic bank for another domestic bank in the form of a third party account, unlike nostro and vostro which is bilateral correspondence.
What is the liability of drawee of cheque under Negotiable Instruments Act 1881?
The depiction of the name, signature, likeness or other identifiable personal characteristics of an individual in an advertisement is known as?
Which of the following is not correct statement?
According to the Land Acquisition Act, 2013, how much solatium (additional compensation) is payable to the landowner over and above the compensation amo...
Insurance Regulatory Development Authority was setup on the recommendation of __________________
What protection does The Mediation Act, 2023 provide for officers and members acting in good faith?
Section 14 of CPC provides for presumption as__________.
If at any time the Central Government is of opinion that Board unable to perform its functions, it may by notification, supersede the Board for such per...
Which of the following is not defined in the Indian Evidence Act?
As per the Negotiable Instruments Act if the amount undertaken or ordered to be paid is stated differently in figures and in words______________
