ECONOMICS
BALANCE OF PAYMENTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bank of Baroda of India setting up an office in Trinidad and Tobago relates to which account?
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Current Account
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Capital Account
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Errors and Omission Section
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Balance of Trade Section
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Explanation:
Detailed explanation-1: -Types of account. Savings, Current, Fixed. Deposits ( TD and RD)
Detailed explanation-2: -The bank owns 98.57% in The Nainital Bank. The bank has also sponsored three Regional Rural Banks namely Baroda Uttar Pradesh Gramin Bank Baroda Rajasthan Gramin Bank and Baroda Gujarat Gramin Bank.
Detailed explanation-3: -There are two types of deposit accounts that you can open in a bank. They are time deposits and demand deposits.
There is 1 question to complete.