Non-resident Bank Accounts' refer to
A) nostro account
B) vostro account
C) accounts opened in offshore centers
D) foreign bank account
Correct Answer:
Verified
Q6: Exchange rate between currency A and currency
Q7: Agreement to exchange one currency for another
Q8: Long- term securities denominated in two currencies
Q9: Foreign exchange transactions involve monetary transactions
A)among residents
Q10: A foreign currency account maintained by a
Q12: The number of nostro accounts that can
Q13: Full fledged money changers are authorized to
Q14: . IMF augments its resources by borrowing
Q15: The value of SDR is
A)equivalent to one
Q16: The term World Bank refers to
A)IBRD
B)IDA
C)Both IBRD
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