Top 250+ Solved Banking Services Management (BSM) MCQ Questions Answer

From 1 to 15 of 229

Q. Who regulates the money circulation in India?

a. state bank of india

b. reserve bank of india

c. naba

d. (d) commercial banks

  • b. reserve bank of india

Q. Which of the following is not an organized sector in India?

a. nationalised banks

b. regional rural banks

c. cooperative banks

d. chits and money lenders

  • d. chits and money lenders

Q. Who will settle the grievances of customers of banks?

a. reserve bank of india

b. state bank of india

c. local courts

d. ombuds men

  • d. ombuds men

Q. Who introduced the Banking Ombudsmen Scheme?

a. rbi

b. sbi

c. ministry of finance

d. nabard

  • a. rbi

Q. Which was the firth Bank corporated by the Indians? (1881)

a. imperial bank of india

b. state bank of india

c. avadh commercial bank(oudh)

d. reserve bank of india

  • c. avadh commercial bank(oudh)

Q. When was Reserve Bank of India established?

a. 1920

b. 1925

c. 1935

d. 1948

  • c. 1935

Q. When was Reserve Bank of India Nationalised?

a. 1947

b. 1948

c. 1949

d. 1950

  • c. 1949

Q. When was Indian Banking Act come into force?

a. 1948

b. 1949

c. 1950

d. 1951

  • b. 1949

Q. Imperial Banks were amalgamated and changed as _________

a. reserve bank of india

b. state bank of india

c. subsidiary banks

d. union bank of india

  • b. state bank of india

Q. How many banks were first nationalised?

a. 10

b. 12

c. 14

d. 16

  • c. 14

Q. When was the second phase of nationalisation done?

a. 9th july 1969

b. 10th july 1968

c. 16th august 1985

d. 15th april, 1980

  • d. 15th april, 1980

Q. Who will act as the banker to the Government of India?

a. state bank of india

b. reserve bank of india

c. naba

d. (d) nationalised banks

  • b. reserve bank of india

Q. Where is the Head Quarter of Reserve Bank of India?

a. mumbai

b. delhi

c. kolkotta

d. ahmedabad

  • a. mumbai

Q. When was Lead Bank Scheme introduced?

a. 1967

b. 1968

c. 1969

d. 1974

  • c. 1969
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