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- 6. Which of the following is NOT among the six infrastructure industries that comprise the "Core Sector"?
A.Crude Oil
B.Petroleum refinery products
C.Chemicals and fertilizers
D.Coal
Answer & Explanation
Answer: Option C 
Chemicals and fertilizers
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- 7. A systematic record of all economic transactions between residents of a country and the rest of the world in a year is known as?
A.Net Capital Flow
B.Balance of Payments
C.Balance of Trade
D.Absolute Flow
Answer & Explanation
Answer: Option B
Balance of Payments
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- 8. Which is the first Committee that gave its recommendations relating to Mechanization of Banking System?
A.Saraf Committee
B.Rangarajan Committee
C.Kishore Committee
D.Narsimhan Committee
Answer & Explanation
Answer: Option B
Rangarajan Committee
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- 9. Which one of the following is a Transfer Payment?
A.Net Factor Income earned from abroad
B.Interest on public debt paid by the Govt
C.Bonus to employees by the govt or enterprises
D.Employer's contribution to contributory provident fund of employees
Answer & Explanation
Answer: Option D
Employer's contribution to contributory provident fund of employees
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- 10. Which of the following is NOT the part of the scheduled banking structure in India?
A.Money Lenders
B.Public Sector Banks
C.Private Sector Banks
D.Regional Rural Banks
Answer & Explanation
Answer: Option A
Money Lenders
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To whom this IBPS PO & Clerks Quiz Set 4 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.