Discussion :: IBPS BANK EXAM TEST 4
- What is offshore banking?
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A.
It is bank located in the sea (i.e island) |
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B.
It is a bank located in SEZ |
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C.
It is a bank located in neighbouring country |
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D.
It is a bank located outside the country of residence of the depositor |
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E.
offshore banking is basically dealing in foreign exchange |
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Answer : Option E
Explanation :
offshore banking is basically dealing in foreign exchange
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