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  9. Q2

ibps-so 2016 · Question 2 of 394

The branch is required to report the month in which the remittances it handled were on an average the largest in size, that being the month upon which the case for a dedicated foreign exchange counter is to be rested; and the size of the average remittance must therefore be worked out for each of the six months before the answer can be given. In which of the six months was the average value of a single remittance the highest?

  1. AJuly
  2. BAugust
  3. CSeptemberCorrect
  4. DOctober
  5. ENovember

Answer: C. September

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO 2016 IT Officer (held 28-29 Jan 2017, single-stage CWE) - Prepp · memory-based

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