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SSC Selection Post 2022 PYQ — Question 36

SSC Selection Post - Matriculation Level 2022 - 7 Feb 2022 - Shift 2 • General Awareness • Q36

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How many alpha-numeric characters does an Indian Financial System Code contain?

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Correct answer: C

Explanation

The correct answer is option 3 i.e. 11.

Indian Financial System Code (IFSC)

  • It contains 11 alpha-numeric characters. 
  • The first four characters represent the bank, the fifth is always a zero, and the last six identify the specific branch. 
  • It facilitates electronic funds transfer in India.