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  9. Q2

ibps-csa 2012 · Question 2 of 193

An engineer working in a big city in India wishes to send some money to his/her parents in a small village. How can a bank help him/her ? (Both of them have accounts in the branches of the same bank.) A. By issuing a Demand Draft. B. By opening a letter of credit hi the name of his/her parents. C: Through E-transler of money

Banking Awareness

  1. AOnly A
  2. BOnly B
  3. COnly C
  4. DBoth A and B
  5. EBoth A and CCorrect

Answer: E. Both A and C

Official answer key verified. Detailed explanation coming soon.

Source: [Download PDF] IBPS Clerk 15-Dec-2012 Paper with Solutions | Cracku · memory-based

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