WBCS.LIVE practice question

Which of the following is NOT a banking related term?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. SME Finance
  2. Overdraft
  3. Drawing Power
  4. Sanctioning E. Equinox

Correct answer and explanation

Correct answer: Not available

Explanation: āœ… Correct Answer: E) Equinox šŸ“š Explanation: Terms like SME finance, overdraft, drawing power, and sanctioning are all standard operational terms used daily within the banking and financial services sectors. An 'Equinox' is a purely astronomical and geographical term. It describes the specific days in a year when the sun crosses the celestial equator, resulting in equal day and night lengths globally. Therefore, option E is completely unrelated to banking operations.