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- 6. Which of the following term is NOT related with Banking / Finance?
A.Annuity
B.Line of Credit
C.Lipitor
D.Fore Closure
Answer & Explanation
Answer: Option C 
Lipitor
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- 7. Which of the following Negotiable Instruments can be crossed to the banks?
A.Cheques
B.Bills of Exchange
C.Drafts
D.All of these
Answer & Explanation
Answer: Option A
Cheques
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- 8. Coins are minted at _________
A.Mumbai
B.Hyderabad
C.Kolkata
D.All of these
Answer & Explanation
Answer: Option D
All of these
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- 9. Which of the following is NOT a funciton of a commercial bank?
A.Providing project finance
B.Deciding policy rates like CRR, Repo Rates and SLR etc
C.Providing services such as locker facilities, remittances etc
D.Selling Mutual Funds
Answer & Explanation
Answer: Option B
Deciding policy rates like CRR, Repo Rates and SLR etc
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- 10. Banks do not issue ________
A.Cheque Book
B.PAN Card
C.Demand Draft
D.Letter of Credit
Answer & Explanation
Answer: Option B
PAN Card
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To whom this IBPS PO & Clerks Quiz Set 2 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
- Defence Competitive Exams
- L.I.C / G.I.C AO and Clerk Competitive Exams
- Railway Competitive Exam
- University Grants Commission (UGC)
- Career Aptitude Test (IT Companies) and etc.