insurence exam UIIC AO Generalist Mock Test 2024 Current Affairs Business and Economy Banking Affairs
Which of the following statements about IndusInd Bank's tie-up with Viamericas Corporation is/are true?
- IndusInd Bank has partnered with Viamericas Corporation to provide digital outward remittances to Non-Resident Indians (NRIs) in the USA.
- The tie-up allows NRIs to send money to their beneficiaries in India through the Indus Fast Remit (IFR) platform.
- Viamericas Corporation will use the Reserve Bank of India’s Rupee Drawing Arrangement (RDA) scheme to credit the beneficiary's account in India.
1
Only statement 1 is true
2
Statements 2 and 3 are true
3
Statements 1 and 3 are true
4
All statements are true
5
None of the statements are true