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

From 226 to 229 of 229

Q. Cancellation of crossing can be done by

a. Holder of the cheque

b. payee of the cheque

c. Drawer of the cheque

d. None of the above

  • c. Drawer of the cheque

Q. Merchant banking includes

a. Managing issues of shares

b. Opening branches in mandis or bazaars

c. Financing intermediary businessman

d. None of the above

  • a. Managing issues of shares

Q. Banks create money by

a. Liberal credit

b. Differential instrument

c. Accepting deposit

d. All of the above

  • d. All of the above

Q. ….banks are those banks which are incorporated outside India and their head offices are alsosituated outside India

a. Foreign banks

b. Scheduled banks

c. Non- scheduled banks

d. Commercial banks

  • a. Foreign banks
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