Start learning →

Is the bank allowed to do this?

Exercise and reference answers

Left
Allowed
Items
  1. Item
    Offer a drop box
    Answer
    Allowed
  2. Item
    Karta cheque
    Answer
    Allowed
  3. Item
    Set its own policy
    Answer
    Allowed
  4. Item
    Issue cash drafts
    Answer
    Allowed
  5. Item
    Force courier only
    Answer
    Not allowed
  6. Item
    Refuse a receipt
    Answer
    Not allowed
  7. Item
    Demand presence
    Answer
    Not allowed
  8. Item
    Refuse small draft
    Answer
    Not allowed
Right
Not allowed
Instructions
Swipe left for Allowed, right for Not allowed.

Explanation

_Source: Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Directions, 2025_
Continue learning with Quill →

Browse more IBPS Clerk questions and exercises →