Economics · International Business
Match List-I (International Banking Term) with List-II (Explanation): List-I A. Nostro Account B. Vostro Account C. Bid D. Offer List-II I. Account held by a foreign bank with a local bank II. An Indian bank's Swiss Franc account with a bank in Switzerland III. Price at which the dealer is willing to buy another currency IV. Price at which the dealer is willing to sell another currency Choose the correct answer from the options given below:
- 1A-I, B-II, C-III, D-IV
- 2A-II, B-I, C-III, D-IV✓
- 3A-III, B-II, C-IV, D-I
- 4A-IV, B-III, C-I, D-II
Correct answer
A-II, B-I, C-III, D-IV
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