Answer Key of CAIIB-BFM-Correspondent Banking and NRI Account

Now I am providing you the Answer Key of CAIIB-BFM-Correspondent Banking and NRI Account. You can leave a massage and also comment on these Question -Answer so we provide you a better discussion platform that can help you to crack the CAIIB.

Answer Key CAIIB-BFM-Correspondent Banking & NRI Account

Q1 – A. NOSTRO account

Q2 – C. LORO account

Q3 – B. VOSTRO account

Q4 – C. Correspondent Banking

Q5 – B. USA

Q6 – B. CHIPS

Q7 – B. Federal Reserve Bank in US

Q8 – C. Term deposit account for a fixed period of 1 year to 5 years.

Q9 – D. A person who is not resident

Q10 – B. Small saving scheme and Public Provident Fund

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