Q. Which among the following is correct about the Vostro Account?

1. It is an account maintained by a foreign bank with a bank in India in Indian Rupees.
2. It is an account maintained by an Indian bank with a bank in foreign country in foreign currency
3. It is an account maintained by a Indian Bank Branch with a Foreign Bank in Foreign currency.
4. It is an account maintained by a Foreign bank Branch with a Indian bank in foreign currency.