Question:
What does a Special Rupee Vostro Account (SRVA) mean in cross-border trade?
(a) Account held by foreign bank with domestic bank in domestic currency (‘Your account with us’)
(b) Account held by domestic bank with foreign bank in foreign currency (‘Our account with you’)
(c) Account held by central bank with IMF
(d) Zero-balance salary account
(e) Escrow account for real estate
वोस्ट्रो खाते (Vostro Account) का क्या अर्थ है?
(a) विदेशी बैंक द्वारा घरेलू बैंक के पास घरेलू मुद्रा में रखा गया खाता (‘आपका खाता हमारे पास’)
(b) हमारा खाता आपके पास
(c) IMF खाता
(d) वेतन खाता
(e) एस्क्रो खाता
Correct Answer: (a)
Explanation:
Vostro account means ‘Your account with us’ (foreign bank holding account with domestic bank). Option (a).
‘आपका खाता हमारे पास’ (Vostro Account)। विकल्प (a) सही है।