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  9. Q237

ibps-so 2016 · Question 237 of 394

Upon receiving an instrument of this description the branch may either credit the proceeds to the account or it may return the instrument unpaid.

  1. Acredits the proceeds to the account or return
  2. Bcredit the proceeds to the account or it returns
  3. Ccredit the proceeds to the account or returnCorrect
  4. Dto credit the proceeds to the account or returning
  5. ENo correction required

Answer: C. credit the proceeds to the account or return

Official answer key verified. Detailed explanation coming soon.

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

← Q236View full paper (394 questions)Q238 →

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