Multiple choice

Shell bank refers to the

  1. the Foreign bank that does not have a branch in any country.

  2. financial institution that does not have a physical presence in any country.

  3. the Indian bank that has very small area covered

  4. All of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Shell Bank refers to the financial institution that does not have a physical presence in any country.

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