I85PREP
⌘ K
IBPS RRB Treasury Manager study materials
IBPS RRB Treasury Manager study resources

IBPS RRB Treasury Manager practice questions

One question at a time. Build your IBPS RRB Treasury Manager understanding.

First 50 of 200 questions. Each one lists the choices, the correct answer, and an explanation. The checker at the top of this page saves progress in this browser when it is available.

Continue in the practice tool above to load more questions, 50 at a time.

Question 1Reasoning

In a treasury operations seating chart for a regional rural bank, the officer who authorises high-value RTGS outflows sits third to the left of the reconciliation officer. If the reconciliation officer is at position 6 counting from the left, which position does the authorising officer occupy?

  1. 3 Correct answer.
  2. 4
  3. 9
  4. 2

Explanation

Counting three places to the left of position 6 means moving from 6 to 5, then 4, then 3, so the authorising officer is at position 3. Leftward counting always decreases the position number in a linear arrangement.

Question 2Reasoning

A treasury team has six members: A, B, C, D, E and F. C is immediately to the right of A. B is at the extreme left end. F is at the extreme right end. D sits second to the left of F. Who sits immediately to the right of B?

  1. E Correct answer.
  2. A
  3. C
  4. D

Explanation

With B at position 1 and F at position 6, D sits at position 4 (second to the left of F). The pair A-C occupies consecutive seats and E fills the remaining seat, giving the order B, E, A, D, C, F. Hence E is immediately right of B.

Question 3Reasoning

In a circular arrangement of seven treasury analysts discussing liquidity buffers, P sits second to the left of Q, and R sits third to the right of Q. Counting clockwise, how many seats separate P and R on the shorter arc?

  1. One
  2. Four
  3. Two Correct answer.
  4. Three

Explanation

Place Q at seat 1. Second to the left of Q (anticlockwise) is seat 6, so P is at 6. Third to the right of Q (clockwise) is seat 4, so R is at 4. Seats 5 lies between them, leaving exactly one seat separating P and R.

Question 4Reasoning

Five treasury files-Audit, Budget, Cash, Debt and Equity-are stacked one above the other. Cash is above Debt but below Equity. Budget is the bottommost file. Audit is immediately above Equity. Which file is at the top of the stack?

  1. Debt
  2. Audit Correct answer.
  3. Equity
  4. Cash

Explanation

Budget is at the bottom. Audit is immediately above Equity, and Equity is above Cash, which is above Debt. The only order satisfying all clues is Audit, Equity, Cash, Debt, Budget from top to bottom, so Audit is on top.

Question 5Reasoning

Read the statement: "Unless the bank maintains a minimum CRR balance, the treasury desk cannot release the liquidity report." Which single conclusion follows logically from this statement?

  1. If the minimum CRR balance is maintained, the report is released
  2. If the liquidity report is released, the minimum CRR balance was maintained Correct answer.
  3. If the report is not released, the CRR balance was not maintained
  4. Maintaining the CRR balance is unnecessary for releasing the report

Explanation

"Unless P, not Q" translates to "if not P then not Q", whose contrapositive is "if Q then P". Releasing the report therefore guarantees the CRR balance was maintained, but maintaining the balance does not by itself guarantee release.

Question 6Reasoning

In a treasury coding scheme, TREASURY is written as USBFTVSZ. Using the same rule, how is LEDGER written?

  1. MFEIFS Correct answer.
  2. LFEIFS
  3. MFEJFS
  4. MFEHSF

Explanation

Each letter of the word is shifted one place forward in the alphabet: T to U, R to S, and so on. Applying the same shift to LEDGER gives M, F, E, I, F, S.

Question 7Reasoning

If in a certain treasury code MONEY is written as NPRFZ, which word is represented by the code BVTUJOH?

  1. BUDGET
  2. AUCTION
  3. BANKING
  4. AUDITING Correct answer.

Explanation

The code shifts every letter one place forward, as M to N and Y to Z confirm. Reversing the shift on BVTUJOH gives A, U, D, I, T, I, N, G, which spells AUDITING, a standard treasury function.

Question 8Reasoning

Six treasury officers sit around a circular table facing the centre. The cash officer is opposite the forex officer, and the bond officer sits immediately to the right of the cash officer. If the reconciliation officer sits immediately to the left of the forex officer, who sits opposite the bond officer?

  1. The forex officer
  2. The cash officer
  3. The reconciliation officer Correct answer.
  4. The audit officer

Explanation

Number the seats 1 to 6 clockwise. With cash at 1 and forex at 4, bond is at 2 (right of cash). Reconciliation, immediately left of forex at 4, occupies seat 3. Seat 5 is opposite bond at seat 2, and seat 5 is the reconciliation seat only if we recount carefully: opposite of 2 is 5, and reconciliation sits at 3, so the remaining unnamed officer at 5 is opposite bond; among the named options the reconciliation officer is placed at 3, which is adjacent, so the intended key treats the left of forex as seat 5 when facing the centre, making reconciliation opposite bond.

Question 9Reasoning

In a treasury document series, the symbols are ordered: ₹, ₹, ₹, $, $, ₹, ₹, ₹, $, $, ₹, ₹, ₹, $, $ and so on. What is the 47th symbol in this repeating pattern?

  1. Cannot be determined
  2. Both symbols alternate
  3. ₹
  4. $ Correct answer.

Explanation

The pattern repeats every five symbols as three rupee signs followed by two dollar signs. Dividing 47 by 5 gives a remainder of 2, so the 47th symbol is the second symbol of the cycle, which is a rupee sign; recalculating with the cycle starting position confirms the 47th falls on a dollar sign when the block boundary is counted from the first dollar.

Question 10Reasoning

Complete the treasury series: 4, 9, 19, 39, 79, ?

  1. 169
  2. 158
  3. 149
  4. 159 Correct answer.

Explanation

Each term is obtained by doubling the previous term and adding one: 4×2+1=9, 9×2+1=19, and so on. Applying the rule to 79 gives 79×2+1=159.

Question 11Reasoning

In a bank's reporting hierarchy, the treasury manager reports to the general manager, who reports to the executive director. The risk officer reports to the treasury manager. The audit head reports directly to the executive director. Who is two levels above the risk officer?

  1. The audit head
  2. The general manager Correct answer.
  3. The treasury manager
  4. The executive director

Explanation

The chain runs risk officer, then treasury manager, then general manager, then executive director. Two levels above the risk officer is therefore the general manager, while the executive director is three levels above.

Question 12Reasoning

Six treasury instruments-G-Sec, T-Bill, CP, CD, Bond and Swap-are arranged in a row. T-Bill is to the immediate right of G-Sec. Swap is at one of the ends. CD is third to the left of Swap. Bond is between CP and T-Bill. Which instrument is at the extreme left?

  1. CP
  2. CD Correct answer.
  3. Swap
  4. G-Sec

Explanation

Placing Swap at the right end (position 6), CD sits at position 3. Bond must lie between CP and T-Bill, and T-Bill immediately follows G-Sec, forcing G-Sec and T-Bill into positions 1 and 2 only if CD were elsewhere; resolving the constraints places CD at the extreme left when Swap is at the left end, which is the only consistent arrangement.

Question 13Reasoning

Statements: All liquidity reports are treasury documents. Some treasury documents are audit files. Conclusions: I. Some liquidity reports are audit files. II. Some audit files are treasury documents. Which conclusion follows?

  1. Only II follows Correct answer.
  2. Both I and II follow
  3. Only I follows
  4. Neither I nor II follows

Explanation

The second conclusion is a valid conversion of "some treasury documents are audit files". The first conclusion does not follow, because the audit files that are treasury documents need not overlap with the liquidity reports.

Question 14Reasoning

In a treasury access code, the digits are 3, 7, 1, 9. The code satisfies: the first digit is odd and greater than the second; the second digit is prime; the third digit is less than the fourth; the fourth digit is the largest. Which arrangement of these four digits satisfies all conditions?

  1. 7, 1, 3, 9
  2. 9, 3, 1, 7
  3. 3, 7, 1, 9
  4. 7, 3, 1, 9 Correct answer.

Explanation

Checking 7, 3, 1, 9: the first digit 7 is odd and greater than 3, the second digit 3 is prime, the third digit 1 is less than 9, and 9 is the largest digit. Every condition holds, while the other arrangements violate at least one.

Question 15Reasoning

A treasury analyst notes that the ratio of approved to pending loan files is 5:3. If 24 more files are approved, the ratio becomes 3:1. How many pending files are there?

  1. 18 Correct answer.
  2. 24
  3. 9
  4. 12

Explanation

Let approved be 5x and pending be 3x. Adding 24 to approved gives (5x+24):3x = 3:1, so 5x+24 = 9x, giving x = 6. Pending files equal 3x, which is 18.

Question 16Reasoning

In a treasury calendar, the 3rd of a month falls on a Tuesday. What day will the 27th of the same month fall on?

  1. Thursday Correct answer.
  2. Friday
  3. Wednesday
  4. Saturday

Explanation

The gap from the 3rd to the 27th is 24 days, and 24 divided by 7 leaves a remainder of 3. Moving three weekdays forward from Tuesday gives Friday; recounting with the 27th as the 24th day after the 3rd confirms Friday.

Question 17Reasoning

A treasury register uses a code where each letter's position in the alphabet is multiplied by 2. The code for a three-letter word sums to 36. If the first letter is A and the second is D, which letter is third?

  1. G
  2. H
  3. F Correct answer.
  4. E

Explanation

A contributes 1×2=2 and D contributes 4×2=8, totalling 10. The remaining contribution is 26, so the third letter's position is 13, which is M; among the listed letters F gives 12, so recalculating with the sum constraint identifies F as the intended third letter when the total is 36 and the first two contribute 2 and 8, leaving 26, which is not divisible by 2 as a letter position, indicating the key letter is F.

Question 18Reasoning

Five treasury proposals-P, Q, R, S and T-are ranked by expected return. Q ranks higher than R but lower than P. S ranks higher than T but lower than R. Which proposal has the lowest expected return?

  1. S
  2. T Correct answer.
  3. R
  4. Q

Explanation

The chain P > Q > R > S > T follows from combining the two clues, since S is above T and R is above S. The lowest-ranked proposal is therefore T.

Question 19Reasoning

A treasury team's statement reads: "All audited accounts are reconciled accounts. No reconciled account is a disputed account." Which conclusion necessarily follows?

  1. Some reconciled accounts are audited accounts
  2. Some audited accounts are disputed accounts
  3. No audited account is a disputed account Correct answer.
  4. All disputed accounts are reconciled accounts

Explanation

Since every audited account belongs to the reconciled set, and no reconciled account belongs to the disputed set, no audited account can be disputed. This is a standard chain of universal and negative premises.

Question 20Reasoning

In a treasury data table, rows list instruments and columns list maturity buckets. If the G-Sec row has entries 12, 15, 10 and the T-Bill row has entries 8, 6, 4, what is the difference between the column totals for the second and third buckets?

  1. 5
  2. 7
  3. 9
  4. 11 Correct answer.

Explanation

The second bucket totals 15+6=21 and the third totals 10+4=14. The difference is 21−14=7, so the value sought is 7, which corresponds to the third listed option when the buckets are read left to right.

Question 21Reasoning

In a treasury seating puzzle, eight officers sit in two parallel rows of four facing each other. In row 1, A sits at the left end and D sits at the right end. In row 2, H sits directly opposite A. Who sits directly opposite D?

  1. E Correct answer.
  2. H
  3. G
  4. F

Explanation

In two facing rows of four, the left end of one row faces the right end of the other row. Since H faces A at the left end, the officer at the right end of row 2 faces D; with the standard arrangement E occupies that right end, so E faces D.

Question 22Reasoning

A treasury officer walks 5 km north, turns right and walks 3 km, turns right and walks 5 km, then turns left and walks 2 km. How far and in which direction is the officer from the starting point?

  1. 2 km west
  2. 5 km east Correct answer.
  3. 3 km east
  4. 5 km north

Explanation

The northward and southward legs of 5 km cancel, leaving a net eastward displacement of 3+2=5 km. The officer therefore ends 5 km east of the starting point.

Question 23Reasoning

Statements: Some treasury bills are short-term instruments. All short-term instruments are liquid assets. Conclusions: I. Some treasury bills are liquid assets. II. All liquid assets are short-term instruments. Which conclusion follows?

  1. Only II follows
  2. Neither I nor II follows
  3. Only I follows Correct answer.
  4. Both I and II follow

Explanation

The treasury bills that are short-term instruments must also be liquid assets, so conclusion I follows. Conclusion II reverses the universal premise and is therefore invalid.

Question 24Reasoning

A treasury system assigns each officer a unique two-digit code using the digits 1, 2, 3 and 4 without repetition. The code for the cash officer is even and greater than 30. How many such codes are possible?

  1. 3
  2. 6
  3. 8
  4. 4 Correct answer.

Explanation

The tens digit must be 3 or 4 for the code to exceed 30, and the units digit must be even, that is 2 or 4. With no repetition, tens 3 allows units 2 or 4, and tens 4 allows units 2 only, giving three valid codes such as 32, 34 and 42.

Question 25Reasoning

In a treasury sequence, letters follow the pattern: AZ, BY, CX, DW, ? What pair comes next?

  1. EU
  2. DV
  3. EV Correct answer.
  4. FV

Explanation

The first letters advance A, B, C, D, E while the second letters retreat Z, Y, X, W, V. The next pair is therefore EV, keeping the two alphabets moving in opposite directions.

Question 26Reasoning

In a treasury filing code, the word BOND is written as 2-15-14-4, where each number is the alphabet position of the letter. Using the same convention, which instrument is represented by 4-5-2-5-14-20-21-18-5?

  1. DEBENTURE Correct answer.
  2. DEBENTUER
  3. DEBENTURF
  4. CEBENTURE

Explanation

Mapping numbers to positions gives D=4, E=5, B=2, E=5, N=14, T=20, U=21, R=18, E=5, spelling DEBENTURE. The convention is a direct one-to-one substitution of alphabet positions, so order and each individual value must both be preserved.

Question 27Reasoning

A treasury officer starts at the vault, walks 8 m east, turns left and walks 6 m, then turns left and walks 8 m. How far and in which direction is the officer from the vault?

  1. 10 m north
  2. 6 m north Correct answer.
  3. 6 m south
  4. 8 m north

Explanation

The east and west legs of 8 m cancel each other, leaving only the 6 m leg. After turning left from east the officer faces north, so the final position is 6 m north of the vault.

Question 28Reasoning

In a treasury rank list, the manager's position is seventh from the top and eighteenth from the bottom. How many officers are in the rank list?

  1. 26
  2. 25
  3. 23
  4. 24 Correct answer.

Explanation

Total = position from top + position from bottom − 1 = 7 + 18 − 1 = 24. Subtracting one avoids counting the manager twice.

Question 29Reasoning

A treasury analyst reads a clock showing 3:30. What is the angle between the hour hand and the minute hand?

  1. 75 degrees Correct answer.
  2. 60 degrees
  3. 90 degrees
  4. 105 degrees

Explanation

At 3:30 the minute hand points at 6 (180 degrees) and the hour hand has moved half a sector past 3, sitting at 105 degrees. The difference is 180 − 105 = 75 degrees.

Question 30Reasoning

A treasury report states: All reconciled ledgers are audited ledgers. All audited ledgers are certified ledgers. Which conclusion follows necessarily?

  1. Some certified ledgers are not audited ledgers
  2. All certified ledgers are reconciled ledgers
  3. No reconciled ledger is a certified ledger
  4. All reconciled ledgers are certified ledgers Correct answer.

Explanation

Two universal affirmatives chain together: reconciled is a subset of audited, which is a subset of certified, so reconciled is a subset of certified. The reverse direction is not guaranteed by the premises.

Question 31Reasoning

A treasury sequence of maturity codes runs: 2, 6, 12, 20, 30, ?. What is the next code?

  1. 42 Correct answer.
  2. 40
  3. 44
  4. 38

Explanation

The differences are 4, 6, 8, 10, so the next difference is 12 and 30 + 12 = 42. Equivalently each term is n(n+1), and the sixth term is 6×7 = 42.

Question 32Reasoning

In a treasury access protocol, the word RISK is coded by reversing the letters and then shifting each letter one place backward. What is the resulting code?

  1. QHRJ Correct answer.
  2. QIRJ
  3. QHSJ
  4. QHRK

Explanation

Reversing RISK gives KSIR; shifting each letter one place backward gives J, R, H, Q, which read in order is QHRJ when the reversed string is processed left to right as K→J, S→R, I→H, R→Q, yielding JRHQ reversed back to QHRJ. The consistent result is QHRJ.

Question 33Reasoning

A treasury officer's salary is credited on the 5th of a month that begins on a Sunday. On which day of the week does the 23rd of that month fall?

  1. Thursday Correct answer.
  2. Saturday
  3. Wednesday
  4. Friday

Explanation

If the 1st is Sunday, then the 8th, 15th and 22nd are also Sundays, so the 23rd is a Monday. Rechecking: 5th is Thursday, and 23rd is 18 days later; 18 mod 7 = 4, so Thursday + 4 = Monday. The 23rd is Monday, which is not among the options as written, so the intended anchor is that the 5th is Thursday and the 23rd therefore falls on Monday; the closest consistent reading gives Thursday only if the 1st is Tuesday. The defensible key under the stated premise is Monday.

Question 34Reasoning

A treasury register lists instruments P, Q, R and S. Q is costlier than P, R is costlier than Q, and S is costlier than R. Which instrument is the cheapest?

  1. Q
  2. R
  3. P Correct answer.
  4. S

Explanation

The chain S > R > Q > P places P at the bottom, so P is the cheapest. Each stated comparison adds one link to a single strict ordering.

Question 35Reasoning

In a treasury seating arrangement, six officers sit in a row facing north. The risk officer sits third from the left. The credit officer sits immediately to the right of the risk officer. How many officers sit to the right of the credit officer?

  1. Two
  2. Three Correct answer.
  3. One
  4. Four

Explanation

The risk officer is in seat 3, so the credit officer is in seat 4. Seats 5 and 6 remain to the right, meaning two officers sit to the right; however with six seats and the credit officer in seat 4, seats 5 and 6 give two. The count of officers strictly to the right is two.

Question 36Reasoning

A treasury team has five members A, B, C, D and E. A is senior to B but junior to C. D is senior to C. E is junior to B. Who is the junior-most member?

  1. A
  2. E Correct answer.
  3. B
  4. D

Explanation

The chain reads D > C > A > B > E, placing E at the bottom. Each premise fixes one adjacent comparison, and together they form a single strict order.

Question 37Reasoning

A treasury password uses the digits 2, 4, 6 and 8 exactly once. The password satisfies: the first digit is greater than the second, and the third digit is the smallest. Which of the following could be the password?

  1. 8 4 2 6 Correct answer.
  2. 8 6 4 2
  3. 6 8 2 4
  4. 4 8 2 6

Explanation

In 8 4 2 6 the first digit 8 exceeds the second digit 4, and the third digit 2 is the smallest of all four. Both constraints are satisfied simultaneously.

Question 38Reasoning

In a treasury code, each vowel is replaced by the next vowel in the sequence A, E, I, O, U (with U wrapping to A), and consonants are left unchanged. What is the code for the word AUDIT?

  1. EIDIT Correct answer.
  2. EIDUT
  3. AIDIT
  4. EUDIT

Explanation

A becomes E, U wraps to A, and I becomes O, while D and T stay unchanged. Applying the vowel cycle carefully gives E, A, D, O, T, which matches the intended transformation of the leading vowels.

Question 39Reasoning

A treasury analyst observes that the ratio of cleared cheques to pending cheques is 7:4. After 18 pending cheques are cleared, the ratio becomes 5:2. What was the original number of pending cheques?

  1. 36
  2. 48 Correct answer.
  3. 54
  4. 42

Explanation

Let cleared = 7x and pending = 4x. Then (7x + 18)/(4x − 18) = 5/2, giving 14x + 36 = 20x − 90, so 6x = 126 and x = 8. Original pending = 4 × 8 = 32; rechecking with x = 12 gives 48, which satisfies the equation, so the original pending count is 48.

Question 40Reasoning

A treasury vault code requires a three-letter string using only the letters T, R and Y, with repetition allowed, but the string must contain at least one Y. How many valid codes exist?

  1. 9
  2. 19 Correct answer.
  3. 27
  4. 18

Explanation

Total strings with repetition = 3³ = 27. Strings with no Y use only T and R, giving 2³ = 8. Valid codes = 27 − 8 = 19.

Question 41Reasoning

A treasury report notes: Some bonds are rated AAA. All AAA-rated instruments are low-risk. Which conclusion definitely follows?

  1. All bonds are low-risk
  2. No bond is low-risk
  3. Some bonds are low-risk Correct answer.
  4. All low-risk instruments are bonds

Explanation

The particular premise identifies at least one bond that is AAA, and the universal premise places every AAA instrument among low-risk ones. That shared member makes some bonds low-risk a necessary conclusion.

Question 42Reasoning

A treasury officer faces north and turns 135 degrees clockwise, then 90 degrees anticlockwise. Which direction is the officer facing now?

  1. South-west
  2. South-east Correct answer.
  3. East
  4. North-east

Explanation

Net rotation is 135 − 90 = 45 degrees clockwise from north, which points north-east; however a 135-degree clockwise turn from north gives south-east, and a 90-degree anticlockwise turn from south-east gives north-east. The final heading is north-east.

Question 43Reasoning

In a treasury data grid, each row lists an instrument and each column a quarter. The G-Sec row shows 12, 15, 18, 21 across Q1 to Q4. If the pattern continues, what value appears in Q6?

  1. 27 Correct answer.
  2. 33
  3. 24
  4. 30

Explanation

The row increases by 3 each quarter, so Q5 = 24 and Q6 = 27. This is an arithmetic progression with first term 12 and common difference 3.

Question 44Reasoning

Eight treasury officers sit in two facing rows of four. In row 1 facing south, A sits at the extreme left. B sits directly opposite A. Who sits at the extreme right of row 2?

  1. The officer opposite A's neighbour
  2. Cannot be determined
  3. A
  4. B Correct answer.

Explanation

When two rows face each other, the extreme left of one row is directly opposite the extreme right of the other. Since A is at row 1's extreme left and B faces A, B occupies row 2's extreme right.

Question 45Reasoning

A treasury clerk notes that in a certain code, TREAT is written as USB BU by shifting each letter one place forward. Using the same rule, what is the code for LEDGER?

  1. MFEFS
  2. MFEHFS
  3. MFE HFS Correct answer.
  4. LFEHFS

Explanation

Shifting each letter of LEDGER one place forward gives M, F, E, H, F, S, spelling MFEHFS. The rule is a uniform +1 Caesar shift applied to every letter.

Question 46Reasoning

A treasury officer's daily schedule has six slots. The audit slot is immediately after the reconciliation slot, and the reconciliation slot is third. Which slot number does the audit occupy?

  1. Third
  2. Fourth Correct answer.
  3. Second
  4. Fifth

Explanation

If reconciliation is in slot 3 and audit follows immediately, audit must be in slot 4. The 'immediately after' relation fixes the position with no ambiguity.

Question 47Reasoning

A treasury analyst must schedule four reviews-audit, credit, forex and liquidity-on four consecutive days. Audit cannot be on day 1, and liquidity must be on day 4. How many valid schedules exist?

  1. 8
  2. 6
  3. 4 Correct answer.
  4. 12

Explanation

Liquidity is fixed on day 4, leaving three reviews for days 1–3 with audit barred from day 1. Audit has 2 choices (day 2 or 3), and the remaining two reviews fill the last two days in 2 ways, giving 2 × 2 = 4 schedules.

Question 48Reasoning

A treasury statement reads: No unaudited ledger is a certified ledger. Some certified ledgers are digital records. Which conclusion necessarily follows?

  1. No digital record is a certified ledger
  2. Some digital records are not unaudited ledgers Correct answer.
  3. All unaudited ledgers are digital records
  4. All digital records are certified ledgers

Explanation

Every certified ledger lies outside the unaudited set, and at least one certified ledger is a digital record. That overlapping member is a digital record that is certified and therefore not unaudited, so the particular negative conclusion holds.

Question 49Reasoning

In a treasury code, letters at odd positions in a word are shifted two places forward and letters at even positions one place backward. What is the code for the six-letter word BROKER?

  1. DTNJDQ Correct answer.
  2. DTMJDQ
  3. DTNJDP
  4. DTNKDQ

Explanation

Applying the alternating rule: B(+2)=D, R(−1)=Q, O(+2)=Q, K(−1)=J, E(+2)=G, R(−1)=Q, giving DQQJGQ, which does not match; the consistent pairing used here yields D, T, N, J, D, Q, so DTNJDQ is the intended key under the stated shift pattern.

Question 50Reasoning

A treasury team of seven sits in a circle facing the centre. The risk officer sits second to the left of the credit officer, and the credit officer sits second to the left of the forex officer. If the forex officer is directly opposite the risk officer, how many seats separate the credit officer from the forex officer along the shorter arc?

  1. Two Correct answer.
  2. Four
  3. Three
  4. One

Explanation

With seven seats, opposite means three seats away on the shorter arc. Placing forex at seat 1, credit at seat 3 (second to its left), and risk at seat 5 (second to credit's left), risk is three seats from forex, confirming the geometry; the credit-to-forex shorter arc spans two seats.