Banking Sample Paper IBPS PO (Main) Sample Test Paper-1

  • question_answer
    Statement: Standard Chartered Bank has launched a 'Multicurrency Forex Card' that offers customers the convenience of loading up to 20 widely used currencies on one card. The card comes with an online reload facility during overseas travel and is designed to offer travellers a secure way to carry money when travelling abroad. Which of the following will be the benefit of the above 'Multicurrency Forex Card' launched by Standard Chartered Bank?

    A) Mishappening during currency exchange will reduce.

    B) There will be secured currency exchange.

    C) People can exchange their currencies in a short span of time.

    D) It will provide insurance cover against misuse of lost card.

    E) All the above

    Correct Answer: E

    Solution :

    There are several benefits of the multicurrency Forex Card.


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