1. The idea that most banks charge only towards inter-branch transfer of funds by a procedure called “mail transfer’ at a very low cost is not correct.
A. Owing to the vagaries of the postal service, many prefer to obtain demand drafts and sendthem by registered post to ensure certainty of delivery.
B. At present the charges for mail transfer or commission for demand draft are equal for thesame amount.
C. This concession of mail transfer was withdrawn by the nationalized banks some three yearsago.
D. Even when the system was in vogue, the advice for mail transfer was sent by ordinary post.
6. Therefore the concept that banks transfer amounts among their branches at only a nominalcost is not correct
1. The idea that most banks charge only towards inter-branch transfer of funds by a procedure called “mail transfer’ at a very low cost is not correct.
A. Owing to the vagaries of the postal service, many prefer to obtain demand drafts and sendthem by registered post to ensure certainty of delivery.
B. At present the charges for mail transfer or commission for demand draft are equal for thesame amount.
C. This concession of mail transfer was withdrawn by the nationalized banks some three yearsago.
D. Even when the system was in vogue, the advice for mail transfer was sent by ordinary post.
6. Therefore the concept that banks transfer amounts among their branches at only a nominalcost is not correct
The correct option is A CBAD
Option A
Solution
D cannot follow 1 because D differs from the idea expressed in 1. Only C can follow 1
because C offers an explanation for the ‘mail transfer’ described in 1. Only choice 1 can be
the right answer because it ends with sentence D which in turn explains sentence 6.
Option A
Solution
D cannot follow 1 because D differs from the idea expressed in 1. Only C can follow 1
because C offers an explanation for the ‘mail transfer’ described in 1. Only choice 1 can be
the right answer because it ends with sentence D which in turn explains sentence 6.
