As we have noticed many banks of Indian origin are opening offices/branches in foreign countries. Why is this trend emer

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Q 1588256107.     As we have noticed many banks of Indian origin are opening offices/branches in foreign countries. Why is this trend emerging at a very fast pace?
I. These Banks wish to provide banking facilities to foreigners as banking facilities are not plenty in many foreign countries. India wants to take an advantage of the situation.
II.These banks wish to help Indian firms to acquire funds at internationally competitive rates.
III. These banks wish to promote trade and investment between India and other countries.
A

Only I

B

Only II

C

Only III

D

Only II and III

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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