Top 250+ Solved Banking Services Management (BSM) MCQ Questions Answer
Q. Indian Companies have been allowed to invest upto US$ ---abroad
a. 10 million
b. 15 million
c. 5 million
d. 20 million
Q. As per Basel-I ………..capital can absorb losses without a bank beingrequired to cease trading.
a. tier-i
b. tier-ii
c. tier-iii
d. none of these
Q. Which of the following definition is most correct. UCPDC 500 is
a. set of rules applicable to cc transactions
b. set of rules having 500 article
c. set of rules fram
d. by icc governing lc business globally
Q. If market quotes USD/INR as 43.61/63 ,at what rate can you buy USD atthe given quote.
a. 43.61
b. 43.62
c. 43.63
d. none of the above
Q. A new category of scheduled banks came into existence in 1975 as RRBsunder the ………
a. regional rural banks ordinance,1975.
b. regional reconstruction banks ordinance,1975.
c. register
d. rural banks ordinance,1975.
Q. The three banks recently have entered in a Mega ATM sharing pact. Theyare
a. sbi, icici, & b
b. b) sbi, icici, hd
c. c) icici, andhra bank, hdfc
d. andhra bank, canara bank, sbi
Q. Devaluation of currency stands for
a. reducing the value of internal currency in terms of foreign currency
b. increasing the value of indian currency in terms of foreign currency
c. keeping the value of internal currency constant in terms of foreign currency
d. none of these
Q. Pari Passu charge refers to a charge
a. ranking in priority, regardless of quantum of advances
b. merely notional in nature
c. ranking equally in priority in proportion to the lender’s share of advance
d. none of these
Q. What are the four categories as per Kapur Committee recommendations forloan applications under SSI segment
a. upto 2 lacs, upto 15 lacs, upto 25 lacs, and above 25 lacs
b. upto 10 lacs, upto 25 lacs, upto 50 lacs and above 50 lacs
c. upto 2 lacs, upto 1 crores, upto 2 crores, a
d. above 2 crores
Q. The area of operation of …………banks are maximum of three geographicallyneighbouring districts and they are allowed to open branches only in their area of operation.
a. local area banks
b. co-operative banks
c. rrb
d. foreign exchange banks
Q. The banker advances money against immovable property only when theproperty is ……….to the banker.
a. loan
b. mortgaged.
c. pledg
d. d) hypothicated
Q. Which commission recommented the foundation of RBI
a. sarkaria commission
b. hilton young commission
c. narasimha commission
d. none of these
Q. At what frequency can Banks pay interest on Saving Bank Account asperRBI guidelines
a. monthly
b. quarterly
c. half yearly
d. yearly