- 6. NABARD (National Bank for Agriculture and Rural Development) established JLG to extract the productive capability from rural population. JLG stands for?
A.Junior Link Group
B.Join Life Group
C.Joint Line Group
D.Joint Liability Group
Answer & Explanation
Answer: Option D
Joint Liability Group

- 7. Which among the following has the function of recommending Minimum Support Prices for various commodities to teh Government?
A.National Farmers Commission
B.Agriculture Cost & Price Commission
C.Department of Agricultur
D.Central Statistical Organization
Answer & Explanation
Answer: Option B
Agriculture Cost & Price Commission

- 8. Which of the following is NOT considered a money market instrument?
A.Treasury bills
B.Repurchase Agreement
C.Commercial Paper
D.Shares and bonds
Answer & Explanation
Answer: Option D
Shares and bonds

- 9. As per the guidelines issued by Department of Industrial Policy and Promotion (DIPP) in February 2009, any company with more than what fraction of foreign equity should be considered as a foreign company?
A.51%
B.59%
C.61%
D.71%
Answer & Explanation
Answer: Option A
51%

- 10. Your friend gets Rs 10,0000 from his grand parents. He / She wants to invest thsi amount in a bank in such a way that he / she need not withdraw the amount partly or wholly for two years. What kind of account shoudl he / she open in the bank ?
A.Small Savings Account
B.Term Deposit Account
C.Current Account
D.Demat Account
Answer & Explanation
Answer: Option B
Term Deposit Account

To whom this IBPS PO Clerks Set 14 Questions and Answers section is beneficial?
Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
- All I.B.P.S and Public Sector Bank Competitive Exam
- Common Aptitude Test (CAT) Exams
- UPSC Paper-II or CSAT Exams
- SSC Competitive Exams
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- Railway Competitive Exam
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- Career Aptitude Test (IT Companies) and etc.