Which of the Following Definitions of a Nostro Account Is

question 592

Multiple Choice

Which of the following definitions of a nostro account is correct?

• A) A nostro account is an account held by a bank in a foreign country in the banks domestic currency.
• B) A nostro account is an account held by a bank in a foreign country for cash collateralising OTC derivative positions with banks in that country.
• C) A nostro account is an account held by a bank in a foreign country in the currency of that country.
• D) A nostro account is an account held by a bank in its home country in a foreign currency.

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Definitions:

Intracytoplasmic Sperm Injection

A fertility treatment procedure in which a single sperm is injected directly into an egg.

Gestational Carrier

A carrier who is not related to the fetus. In this case, a woman with ovaries but no uterus uses her own egg and the man’s sperm to create the embryo, which is then placed within the carrier’s uterus.

Surrogate Mother

A woman who agrees to bear a child for another person or couple, often through artificial insemination or in vitro fertilization.

Labor Stage

The period during childbirth when the muscles of the uterus contract to dilate the cervix and push the baby out.