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  9. Q219

APPSC Group-I 2023 · Question 219 of 233

Which of the following statements is correct with reference to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) ? I. SWIFT is a global member-owned cooperative that is headquartered in Switzerland. II. SWIFT was founded in 1991. III. SWIFT is a payment network. IV. SWIFT has the authority to impose sanctions on the banks. Which of the statements given above are correct?

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  1. AI, II and III only
  2. BII, III and IV only
  3. CI, III and IV only
  4. DNone of the aboveCorrect

Answer: D. None of the above

Official answer key verified. Detailed explanation coming soon.

Source: APPSC Group-I Screening Test (Notification 28/2022, held 08-01-2023), Paper-II: General Aptitude, Q106 (adda247 "Decoding APPSC Group I 2023" compilation with official answer key)

← Q218View full paper (233 questions)Q220 →

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